Cost of Living in Prince frederick, MD
Housing
The housing market plays a significant role in determining the cost of living in Prince frederick, MD.
- Housing Index: Data is updating
- Median Home Price is: $405,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
In analyzing the real estate data for Prince frederick, MD, we see a median home price of 405000. However, the housing index currently stands at 0.0, indicating potential affordability challenges in the area. Additionally, both average rent values for a 2-bedroom apartment and house are reported as 0.0 and 0.0, respectively, which could imply a lack of rental availability. It's essential to compare these figures to regional averages and economic conditions, including job opportunities and schools, to fully assess if moving to Prince frederick aligns with your lifestyle needs.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Prince frederick, 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 Prince frederick, 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 Prince frederick is a financially viable option for your relocation.