Cost of Living in Taneytown, MD
Housing
The housing market plays a significant role in determining the cost of living in Taneytown, MD.
- Housing Index: Data is updating
- Median Home Price is: $351,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Taneytown, MD? The current housing index of 0.0 indicates a potentially challenging market, with a median home price of 351000. However, without rental data available for an average 2-bedroom apartment or house, it's essential to research additional living costs, job opportunities, and local amenities. Generally, Taneytown may present a valuable investment in property if homeownership is your goal, but keep in mind to seek alternative housing options or negotiate plans that cater to your budget. Evaluate all aspects to make an informed decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Taneytown, 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 Taneytown, 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 Taneytown is a financially viable option for your relocation.