Cost of Living in Thurmont, MD
Housing
The housing market plays a significant role in determining the cost of living in Thurmont, MD.
- Housing Index: 119.8 / 100
- Median Home Price is: $292,000
- Average Rent (2 BR Apartment): $1928 per month
- Average Rent (2 BR House): $2096 per month
Considering the current housing data for Thurmont, MD, the housing index is surprisingly low at 119.8, and while the median home price stands at a reasonable 292000, details around rental prices are missing as both the average rent for a 2BR apartment and house are shown as zero. This suggests either a highly competitive market or possibly a lack of rental availability. In terms of affordability, a median home price of 292000 indicates a potentially attractive market for homebuyers relative to other major regions. Factors like local employment opportunities and lifestyle amenities should also careful consideration.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Thurmont, 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 Thurmont, 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 Thurmont is a financially viable option for your relocation.