Cost of Living: Severna park, MD vs Luana, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Severna park | Luana |
|---|---|---|
| Housing Index | 120.5 | Data is updating |
| Median Home Price | $476,000 | $147,000 |
| Average Rent (2 BR Apartment) | $2200 | $Data is updating |
| Average Rent (2 BR House) | $2245 | $Data is updating |
Housing Comparison: Severna park vs Luana
- In Severna park, the median home price is higher at $476,000, while in Luana it is $147,000.
- The rent for a two-bedroom apartment is equal in both Severna park and Luana 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 | Luana |
|---|---|---|
| Electricity Price | $17.41 | $14.82 |
| Natural Gas Price | $18.44 | $15.61 |
| Other Utilities | $280 | $Data is updating |
Utilities Comparison: Severna park vs Luana
- Electricity costs are higher in Severna park at $17.41 per kWh, compared to $14.82 in Luana.
- Natural gas is more expensive in Severna park at $18.44 per unit, while it is cheaper at $15.61 in Luana.
- Utility expenses are equal in both Severna park and Luana averaging $280.