Cost of Living: Westminster, MD vs Lincoln, RI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Westminster | Lincoln |
|---|---|---|
| Housing Index | 110.0 | Data is updating |
| Median Home Price | $375,000 | $415,000 |
| Average Rent (2 BR Apartment) | $1850 | $Data is updating |
| Average Rent (2 BR House) | $1920 | $Data is updating |
Housing Comparison: Westminster vs Lincoln
- The median home price in Lincoln is higher at $415,000, compared to $375,000 in Westminster.
- The rent for a two-bedroom apartment is equal in both Westminster and Lincoln at $1,850.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Westminster | Lincoln |
|---|---|---|
| Electricity Price | $17.41 | $27.03 |
| Natural Gas Price | $18.44 | $21.52 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Westminster vs Lincoln
- Lincoln has higher electricity costs at $27.03 per kWh, versus $17.41 in Westminster.
- Lincoln experiences higher natural gas costs at $21.52 per unit, with costs at $18.44 in Westminster.
- Utility expenses are equal in both Westminster and Lincoln averaging $250.