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.