Cost of Living in North east, MD
Housing
The housing market plays a significant role in determining the cost of living in North east, MD.
- Housing Index: 120.0 / 100
- Median Home Price is: $312,000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1875 per month
Considering a move to North east, MD? The housing index stands at 120.0, indicating a moderately competitive market. With a median home price of 312000, purchasing a home may be feasible for many, although it reflects a rising market trend. For renters, average prices for a 2-bedroom apartment and house are at 1800 and 1875, respectively, suggesting a slight premium in housing costs. This area might offer good lifestyle options, but assess your budget and housing preferences to make an informed decision about this potential move.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in North east, 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.): $250 per month
Living in North east, 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 $250 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 North east is a financially viable option for your relocation.