Cost of Living in Leonardtown, MD
Housing
The housing market plays a significant role in determining the cost of living in Leonardtown, MD.
- Housing Index: 119.8 / 100
- Median Home Price is: $391,000
- Average Rent (2 BR Apartment): $1928 per month
- Average Rent (2 BR House): $2096 per month
Considering the data for Leonardtown, MD, with a median home price of 391000, potential homeowners may find this market to be relatively stable, as the housing index appears to be currently at zero. However, it's vital to note that the absence of rental pricing for two-bedroom apartments and houses suggests a lack of data or rental availability in the area. This scenario may indicate that either properties are rarely in the rental market or that buying homes might be more favorable. Be sure to research local amenities and trends that could affect housing demand.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Leonardtown, 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 Leonardtown, 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 Leonardtown is a financially viable option for your relocation.