Cost of Living in Dundalk, MD
Housing
The housing market plays a significant role in determining the cost of living in Dundalk, MD.
- Housing Index: Data is updating
- Median Home Price is: $292,500
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Dundalk, MD? The median home price stands at 292500, which provides a competitive edge in homeownership compared to national averages. However, both the housing index, along with rents for 2BR apartments and houses, are logged at $0. This usually indicates low demand, but you may want to verify for updated information. Remember, a lower cost of living can be attractive, but balancing it with local job opportunities and amenities is also crucial for long-term satisfaction. Prioritize your lifestyle needs alongside financials for a well-informed decision!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Dundalk, MD.
- Electricity Price: $17.41 USD (median by state)
- Natural Gas Price: $18.44 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Dundalk, MD could entail higher utility costs. Electricity costs sit at $17.41, while natural gas is priced at $18.44 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Dundalk is a financially viable option for your relocation.