Cost of Living: Bowie, MD vs Montgomery, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Bowie | Montgomery |
|---|---|---|
| Housing Index | 119.8 | 101.8 |
| Median Home Price | $425,000 | $260,000 |
| Average Rent (2 BR Apartment) | $2294 | $2367 |
| Average Rent (2 BR House) | $2493 | $2572 |
Housing Comparison: Bowie vs Montgomery
- In Bowie, the median home price is higher at $425,000, while in Montgomery it is $260,000.
- In Montgomery, the rental for a two-bedroom apartment stands at $2,367, while it is $2,294 in Bowie.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Bowie | Montgomery |
|---|---|---|
| Electricity Price | $17.41 | $16.15 |
| Natural Gas Price | $18.44 | $16.59 |
| Other Utilities | $252 | $244 |
Utilities Comparison: Bowie vs Montgomery
- Electricity costs are higher in Bowie at $17.41 per kWh, compared to $16.15 in Montgomery.
- Natural gas is more expensive in Bowie at $18.44 per unit, while it is cheaper at $16.59 in Montgomery.
- Other utility costs are higher in Bowie at an average of $252, compared to Montgomery with $244.