Cost of Living in Rosedale, MD
Housing
The housing market plays a significant role in determining the cost of living in Rosedale, MD.
- Housing Index: 119.8 / 100
- Median Home Price is: $295,000
- Average Rent (2 BR Apartment): $1614 per month
- Average Rent (2 BR House): $1754 per month
When considering a move to Rosedale, MD, it's essential to evaluate the housing market indicators. With a housing index of 119.8, the area is slightly above the national average, indicating a generally competitive market. The median home price stands at 295000, which could represent a solid investment if property values appreciate. Additionally, renting options are available with average rent for a 2-bedroom apartment at 1614 and a 2-bedroom house at 1754. It's wise to weigh your home-buying aspirations against these rental costs, as well as additional factors like community amenities and local job markets.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Rosedale, 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 Rosedale, 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 Rosedale is a financially viable option for your relocation.