Cost of Living: Severna park, MD vs Anderson, IN

Housing

The housing market plays a significant role in determining the cost of living.

Metric Severna park Anderson
Housing Index 120.5 95.0
Median Home Price $476,000 $185,000
Average Rent (2 BR Apartment) $2200 $1200
Average Rent (2 BR House) $2245 $1280

Housing Comparison: Severna park vs Anderson

  • In Severna park, the median home price is higher at $476,000, while in Anderson it is $185,000.
  • Renting a two-bedroom apartment costs more in Severna park at $2,200 than in Anderson at $1,200.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Severna park Anderson
Electricity Price $17.41 $14.89
Natural Gas Price $18.44 $Data is updating
Other Utilities $280 $250

Utilities Comparison: Severna park vs Anderson

  • Electricity costs are higher in Severna park at $17.41 per kWh, compared to $14.89 in Anderson.
  • Natural gas price data is currently unavailable.
  • Other utility costs are higher in Severna park at an average of $280, compared to Anderson with $250.