Cost of Living: Severna park, MD vs Carrboro, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Severna park | Carrboro |
|---|---|---|
| Housing Index | 120.5 | Data is updating |
| Median Home Price | $476,000 | $405,000 |
| Average Rent (2 BR Apartment) | $2200 | $Data is updating |
| Average Rent (2 BR House) | $2245 | $Data is updating |
Housing Comparison: Severna park vs Carrboro
- In Severna park, the median home price is higher at $476,000, while in Carrboro it is $405,000.
- The rent for a two-bedroom apartment is equal in both Severna park and Carrboro at $2,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Severna park | Carrboro |
|---|---|---|
| Electricity Price | $17.41 | $13.72 |
| Natural Gas Price | $18.44 | $Data is updating |
| Other Utilities | $280 | $Data is updating |
Utilities Comparison: Severna park vs Carrboro
- Electricity costs are higher in Severna park at $17.41 per kWh, compared to $13.72 in Carrboro.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Severna park and Carrboro averaging $280.