Cost of Living: The colony, TX vs North beach, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | The colony | North beach |
|---|---|---|
| Housing Index | 110.0 | 120.0 |
| Median Home Price | $413,000 | $400,000 |
| Average Rent (2 BR Apartment) | $1900 | $1700 |
| Average Rent (2 BR House) | $2000 | $1760 |
Housing Comparison: The colony vs North beach
- In The colony, the median home price is higher at $413,000, while in North beach it is $400,000.
- Renting a two-bedroom apartment costs more in The colony at $1,900 than in North beach at $1,700.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | The colony | North beach |
|---|---|---|
| Electricity Price | $14.47 | $17.41 |
| Natural Gas Price | $26.29 | $18.44 |
| Other Utilities | $250 | $250 |
Utilities Comparison: The colony vs North beach
- North beach has higher electricity costs at $17.41 per kWh, versus $14.47 in The colony.
- Natural gas is more expensive in The colony at $26.29 per unit, while it is cheaper at $18.44 in North beach.
- Utility expenses are equal in both The colony and North beach averaging $250.