Cost of Living: Central falls, RI vs Severna park, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Central falls | Severna park |
|---|---|---|
| Housing Index | 121.5 | 119.8 |
| Median Home Price | $224,000 | $476,000 |
| Average Rent (2 BR Apartment) | $1300 | $3174 |
| Average Rent (2 BR House) | $1413 | $3450 |
Housing Comparison: Central falls vs Severna park
- The median home price in Severna park is higher at $476,000, compared to $224,000 in Central falls.
- In Severna park, the rental for a two-bedroom apartment stands at $3,174, while it is $1,300 in Central falls.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Central falls | Severna park |
|---|---|---|
| Electricity Price | $27.03 | $17.41 |
| Natural Gas Price | $21.52 | $18.44 |
| Other Utilities | $262 | $252 |
Utilities Comparison: Central falls vs Severna park
- Electricity costs are higher in Central falls at $27.03 per kWh, compared to $17.41 in Severna park.
- Natural gas is more expensive in Central falls at $21.52 per unit, while it is cheaper at $18.44 in Severna park.
- Other utility costs are higher in Central falls at an average of $262, compared to Severna park with $252.