Cost of Living in Glen burnie, MD
Housing
The housing market plays a significant role in determining the cost of living in Glen burnie, MD.
- Housing Index: 115.0 / 100
- Median Home Price is: Data is updating
- Average Rent (2 BR Apartment): $1478 per month
- Average Rent (2 BR House): $1606 per month
In analyzing the data for Glen burnie, MD, it's apparent that the housing market features a high housing index of 115.0, indicating that costs may be above the national average. With an average rent of 1478 for a 2-bedroom apartment and 1606 for a 2-bedroom house, rental costs can be substantial. The absence of a median home price suggests limited availability or properties may not be listed in typical markets, which could influence your decision. Consider these factors carefully, especially if long-term investment in a home is part of your plan.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Glen burnie, 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 Glen burnie, 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 Glen burnie is a financially viable option for your relocation.