Cost of Living: Severn, MD vs Southfield, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Severn | Southfield |
|---|---|---|
| Housing Index | Data is updating | 105.0 |
| Median Home Price | $441,000 | $264,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1400 |
| Average Rent (2 BR House) | $Data is updating | $1440 |
Housing Comparison: Severn vs Southfield
- In Severn, the median home price is higher at $441,000, while in Southfield it is $264,000.
- The rent for a two-bedroom apartment is equal in both Severn and Southfield 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 | Southfield |
|---|---|---|
| Electricity Price | $17.41 | $19.88 |
| Natural Gas Price | $18.44 | $15.42 |
| Other Utilities | $Data is updating | $260 |
Utilities Comparison: Severn vs Southfield
- Southfield has higher electricity costs at $19.88 per kWh, versus $17.41 in Severn.
- Natural gas is more expensive in Severn at $18.44 per unit, while it is cheaper at $15.42 in Southfield.
- Utility expenses are equal in both Severn and Southfield averaging $0.0.