Cost of Living: Hampton, GA vs Severna park, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hampton | Severna park |
|---|---|---|
| Housing Index | 94.5 | 119.8 |
| Median Home Price | $298,000 | $476,000 |
| Average Rent (2 BR Apartment) | $1909 | $3174 |
| Average Rent (2 BR House) | $2075 | $3450 |
Housing Comparison: Hampton vs Severna park
- The median home price in Severna park is higher at $476,000, compared to $298,000 in Hampton.
- In Severna park, the rental for a two-bedroom apartment stands at $3,174, while it is $1,909 in Hampton.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hampton | Severna park |
|---|---|---|
| Electricity Price | $15.53 | $17.41 |
| Natural Gas Price | $27.53 | $18.44 |
| Other Utilities | $226 | $252 |
Utilities Comparison: Hampton vs Severna park
- Severna park has higher electricity costs at $17.41 per kWh, versus $15.53 in Hampton.
- Natural gas is more expensive in Hampton at $27.53 per unit, while it is cheaper at $18.44 in Severna park.
- Severna park has higher utility expenses, averaging $252, while Hampton averages $226.