Cost of Living: Westminster, MD vs Merced, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Westminster | Merced |
|---|---|---|
| Housing Index | 110.0 | 115.0 |
| Median Home Price | $375,000 | $358,000 |
| Average Rent (2 BR Apartment) | $1850 | $1800 |
| Average Rent (2 BR House) | $1920 | $1825 |
Housing Comparison: Westminster vs Merced
- In Westminster, the median home price is higher at $375,000, while in Merced it is $358,000.
- Renting a two-bedroom apartment costs more in Westminster at $1,850 than in Merced at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Westminster | Merced |
|---|---|---|
| Electricity Price | $17.41 | $32.99 |
| Natural Gas Price | $18.44 | $16.99 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Westminster vs Merced
- Merced has higher electricity costs at $32.99 per kWh, versus $17.41 in Westminster.
- Natural gas is more expensive in Westminster at $18.44 per unit, while it is cheaper at $16.99 in Merced.
- Utility expenses are equal in both Westminster and Merced averaging $250.