Cost of Living: Sparks, NV vs Greenbelt, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Sparks | Greenbelt |
|---|---|---|
| Housing Index | 105.0 | 115.0 |
| Median Home Price | $475,000 | $440,000 |
| Average Rent (2 BR Apartment) | $1600 | $2000 |
| Average Rent (2 BR House) | $1628 | $2060 |
Housing Comparison: Sparks vs Greenbelt
- In Sparks, the median home price is higher at $475,000, while in Greenbelt it is $440,000.
- In Greenbelt, the rental for a two-bedroom apartment stands at $2,000, while it is $1,600 in Sparks.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Sparks | Greenbelt |
|---|---|---|
| Electricity Price | $15.5 | $17.41 |
| Natural Gas Price | $20.66 | $18.44 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Sparks vs Greenbelt
- Greenbelt has higher electricity costs at $17.41 per kWh, versus $15.5 in Sparks.
- Natural gas is more expensive in Sparks at $20.66 per unit, while it is cheaper at $18.44 in Greenbelt.
- Utility expenses are equal in both Sparks and Greenbelt averaging $250.