Cost of Living in Fulton, MD
Housing
The housing market plays a significant role in determining the cost of living in Fulton, MD.
- Housing Index: Data is updating
- Median Home Price is: $674,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering the housing data for Fulton, MD, the median home price of $674,000 indicates a significant investment opportunity, although further details on the housing index, average rent for both 2-bedroom apartments and houses were not provided. Generally, a higher median home price can suggest that the area is desirable and may appreciate over time. It’s important to examine the local economy, employment rates, and community amenities to understand the full scope of living here. Always factor in your long-term financial goal and lifestyle preferences when making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Fulton, 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 Fulton, 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 Fulton is a financially viable option for your relocation.