Severna Park, MD vs Urbana, MD
There is a significant gap in the cost of living between these two cities. Severna Park is 17% cheaper than Urbana. With a cost index of 137 vs 165, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Severna Park to Urbana should plan for substantially higher expenses across most categories.
On the housing front, median rent in Severna Park is $1,617/month compared to $2,571/month in Urbana — a 37% difference. Interestingly, home values tell a different story: while Severna Park has cheaper rent, Urbana actually has lower median home values ($596,400 vs $633,600).
Median household income in Severna Park is $168,091 compared to $178,231 in Urbana (-5.7%). Urbana does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Severna Park spend roughly 11.5% of their income on rent, less than the 17.3% in Urbana.
Climate-wise, both cities share similar average temperatures (56.2°F vs 55.7°F). Severna Park receives more rainfall at 45" per year compared to 43.2" in Urbana.
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Climate
NOAA 30-year normals (1991-2020)