Cost of Living: Valley, AL vs Severn, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Valley | Severn |
|---|---|---|
| Housing Index | 70.0 | Data is updating |
| Median Home Price | $203,000 | $441,000 |
| Average Rent (2 BR Apartment) | $800 | $Data is updating |
| Average Rent (2 BR House) | $850 | $Data is updating |
Housing Comparison: Valley vs Severn
- The median home price in Severn is higher at $441,000, compared to $203,000 in Valley.
- The rent for a two-bedroom apartment is equal in both Valley and Severn at $800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Valley | Severn |
|---|---|---|
| Electricity Price | $15.03 | $17.41 |
| Natural Gas Price | $21.76 | $18.44 |
| Other Utilities | $180 | $Data is updating |
Utilities Comparison: Valley vs Severn
- Severn has higher electricity costs at $17.41 per kWh, versus $15.03 in Valley.
- Natural gas is more expensive in Valley at $21.76 per unit, while it is cheaper at $18.44 in Severn.
- Utility expenses are equal in both Valley and Severn averaging $180.