Cost of Living: Severna park, MD vs Martinsburg, WV
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Severna park | Martinsburg |
---|---|---|
Housing Index | 120.5 | 85.0 |
Median Home Price | $476,000 | $249,000 |
Average Rent (2 BR Apartment) | $2200 | $1200 |
Average Rent (2 BR House) | $2245 | $1360 |
Housing Comparison: Severna park vs Martinsburg
- In Severna park, the median home price is higher at $476,000, while in Martinsburg it is $249,000.
- Renting a two-bedroom apartment costs more in Severna park at $2,200 than in Martinsburg 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 | Martinsburg |
---|---|---|
Electricity Price | $17.41 | $15.48 |
Natural Gas Price | $18.44 | $23.05 |
Other Utilities | $280 | $200 |
Utilities Comparison: Severna park vs Martinsburg
- Electricity costs are higher in Severna park at $17.41 per kWh, compared to $15.48 in Martinsburg.
- Martinsburg experiences higher natural gas costs at $23.05 per unit, with costs at $18.44 in Severna park.
- Other utility costs are higher in Severna park at an average of $280, compared to Martinsburg with $200.