Cost of Living: Severna park, MD vs Murray, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Severna park | Murray |
|---|---|---|
| Housing Index | 120.5 | 90.0 |
| Median Home Price | $476,000 | $165,000 |
| Average Rent (2 BR Apartment) | $2200 | $1200 |
| Average Rent (2 BR House) | $2245 | $1300 |
Housing Comparison: Severna park vs Murray
- In Severna park, the median home price is higher at $476,000, while in Murray it is $165,000.
- Renting a two-bedroom apartment costs more in Severna park at $2,200 than in Murray 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 | Murray |
|---|---|---|
| Electricity Price | $17.41 | $12.87 |
| Natural Gas Price | $18.44 | $22.78 |
| Other Utilities | $280 | $200 |
Utilities Comparison: Severna park vs Murray
- Electricity costs are higher in Severna park at $17.41 per kWh, compared to $12.87 in Murray.
- Murray experiences higher natural gas costs at $22.78 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 Murray with $200.