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.