Cost of Living in Fishing creek, MD
Housing
The housing market plays a significant role in determining the cost of living in Fishing creek, MD.
- Housing Index: 119.8 / 100
- Median Home Price is: $270,000
- Average Rent (2 BR Apartment): $1928 per month
- Average Rent (2 BR House): $2096 per month
Considering a move to Fishing creek, MD? The current housing index suggests a highly favorable market for buyers, as it stands at 119.8. With a median home price of 270000—substantially lower than many urban centers—you may find this a perfect opportunity for home ownership. Nevertheless, the absence of listed rental prices for 2-bedroom apartments and houses indicates a very limited rental market, which could somewhat limit options for those who aren’t ready to purchase. Overall, Fishing creek could offer excellent value, especially for future homebuyers looking for affordability.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Fishing creek, 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.): $252 per month
Living in Fishing creek, 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 $252 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 Fishing creek is a financially viable option for your relocation.