Cost of Living in Aberdeen, MD
Housing
The housing market plays a significant role in determining the cost of living in Aberdeen, MD.
- Housing Index: 110.0 / 100
- Median Home Price is: $350,000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1840 per month
Considering a move to Aberdeen, MD? With a housing index of 110.0, the market shows a slight premium above the national average. The current median home price stands at 350000, making ownership potentially feasible for many buyers. Renting a 2-bedroom apartment averages 1800 and a house slightly higher at 1840. Keep in mind, neighborhood amenities, schools, and proximity to work can further impact your decision. Assess these factors carefully to ensure your new home meets both your budget and lifestyle needs.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Aberdeen, 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 Aberdeen, 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 Aberdeen is a financially viable option for your relocation.