Cost of Living in Point of rocks, MD
Housing
The housing market plays a significant role in determining the cost of living in Point of rocks, MD.
- Housing Index: 119.8 / 100
- Median Home Price is: $465,000
- Average Rent (2 BR Apartment): $1928 per month
- Average Rent (2 BR House): $2096 per month
Considering a move to Point of rocks, MD? With a housing index of 119.8, it's crucial to evaluate your options. The median home price sits at a substantial 465000, which suggests that purchasing may require careful financial planning. Unfortunately, specific rent data is missing, but it can have a significant impact on your monthly budget. It's advisable to consider local amenities, school districts, and overall living costs in your decision-making process. Always compare the current real estate market against your future income projections to ensure a smooth transition to your new home.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Point of rocks, 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 Point of rocks, 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 Point of rocks is a financially viable option for your relocation.