Cost of Living in Halethorpe, MD
Housing
The housing market plays a significant role in determining the cost of living in Halethorpe, MD.
- Housing Index: 119.8 / 100
- Median Home Price is: $300,000
- Average Rent (2 BR Apartment): $1646 per month
- Average Rent (2 BR House): $1789 per month
Considering a move to Halethorpe, MD? With a 119.8 index of 0.0, it suggests a largely uncertain or unreported housing market in the area. The median home price stands at 300000, positioned affordably compared to national averages. However, it's crucial to understand that both averages for renting a 2-bedroom apartment and house are currently listed as 0.0, implying either a lack of available rental properties or data reporting challenges. Investigating local amenities, job markets, and community trends can provide crucial insights to determine the overall livability of Halethorpe before making your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Halethorpe, 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 Halethorpe, 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 Halethorpe is a financially viable option for your relocation.