Cost of Living in Mount rainier, MD
Housing
The housing market plays a significant role in determining the cost of living in Mount rainier, MD.
- Housing Index: 119.8 / 100
- Median Home Price is: $405,000
- Average Rent (2 BR Apartment): $1161 per month
- Average Rent (2 BR House): $1262 per month
Considering a move to Mount rainier, MD? The current housing index indicates very limited market activity, suggesting potential opportunity for newcomers. With a median home price of 405000, which is quite competitive, and averages for a 2-bedroom apartment and house not currently available, it may suggest a favorable market for homebuyers over renters. Keep in mind, local amenities and proximity to employment will also significantly impact your living experience. Evaluate the overall cost of living and community lifestyle before making your decision about relocating to this market.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Mount rainier, 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 Mount rainier, 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 Mount rainier is a financially viable option for your relocation.