Cost of Living: Severn, MD vs Siloam springs, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Severn | Siloam springs |
|---|---|---|
| Housing Index | Data is updating | 85.0 |
| Median Home Price | $441,000 | $245,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $800 |
| Average Rent (2 BR House) | $Data is updating | $850 |
Housing Comparison: Severn vs Siloam springs
- In Severn, the median home price is higher at $441,000, while in Siloam springs it is $245,000.
- The rent for a two-bedroom apartment is equal in both Severn and Siloam springs at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Severn | Siloam springs |
|---|---|---|
| Electricity Price | $17.41 | $12.36 |
| Natural Gas Price | $18.44 | $17.08 |
| Other Utilities | $Data is updating | $200 |
Utilities Comparison: Severn vs Siloam springs
- Electricity costs are higher in Severn at $17.41 per kWh, compared to $12.36 in Siloam springs.
- Natural gas is more expensive in Severn at $18.44 per unit, while it is cheaper at $17.08 in Siloam springs.
- Utility expenses are equal in both Severn and Siloam springs averaging $0.0.