Cost of Living: Southlake, TX vs Rockville, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Southlake | Rockville |
|---|---|---|
| Housing Index | 145.0 | 125.6 |
| Median Home Price | $668,000 | $503,000 |
| Average Rent (2 BR Apartment) | $2800 | $2200 |
| Average Rent (2 BR House) | $2856 | $2245 |
Housing Comparison: Southlake vs Rockville
- In Southlake, the median home price is higher at $668,000, while in Rockville it is $503,000.
- Renting a two-bedroom apartment costs more in Southlake at $2,800 than in Rockville 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 | Southlake | Rockville |
|---|---|---|
| Electricity Price | $14.47 | $17.41 |
| Natural Gas Price | $26.29 | $18.44 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Southlake vs Rockville
- Rockville has higher electricity costs at $17.41 per kWh, versus $14.47 in Southlake.
- Natural gas is more expensive in Southlake at $26.29 per unit, while it is cheaper at $18.44 in Rockville.
- Utility expenses are equal in both Southlake and Rockville averaging $250.