Cost of Living in Galesville, MD
Housing
The housing market plays a significant role in determining the cost of living in Galesville, MD.
- Housing Index: 119.8 / 100
- Median Home Price is: $557,000
- Average Rent (2 BR Apartment): $1928 per month
- Average Rent (2 BR House): $2096 per month
Considering your move to Galesville, MD, the data reveals a housing index of 119.8, which indicates a lack of available housing metrics. However, the median home price stands at an impressive 557000. Despite the absence of average rent figures for 2-bedroom apartments and houses, potential homeowners may find this median price favorable in comparison to other markets. It is essential to research additional factors like local amenities, job opportunities, and community demographics, as these aspects can significantly influence your overall living experience in Galesville.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Galesville, 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 Galesville, 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 Galesville is a financially viable option for your relocation.