Cost of Living in Reisterstown, MD
Housing
The housing market plays a significant role in determining the cost of living in Reisterstown, MD.
- Housing Index: 119.8 / 100
- Median Home Price is: $360,000
- Average Rent (2 BR Apartment): $1320 per month
- Average Rent (2 BR House): $1435 per month
Considering the data for Reisterstown, MD, the housing index of 119.8 indicates that the housing market is above the national average. With a median home price of 360000, potential buyers may find homes to be moderately priced for the region. Renting a 2-bedroom apartment averages 1320 while a 2-bedroom house averages 1435. It's important to note that local amenities, job opportunities, and neighborhood safety can significantly affect living satisfaction. For those prioritizing community resources and recreational areas, further exploration into Reisterstown prior to moving is advisable.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Reisterstown, 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 Reisterstown, 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 Reisterstown is a financially viable option for your relocation.