Cost of living in Abingdon
Abingdon, located in Maryland, United States, offers a unique blend of suburban charm and accessibility to urban amenities. Understanding the cost of living in Abingdon is crucial for potential residents and those considering relocation.
This guide provides a detailed breakdown of expenses, including housing, transportation, groceries, and more, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $16.5 on average, with a range between $15 and $40.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $65, with prices ranging from $60 to $90.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $8, with a range between $8 and $10.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $6 to $7, imported beer $8 to $9, cappuccino $4 to $6, and Coke/Pepsi $2 to $2.5.
Grocery Prices
- Milk - Milk is priced between $0.78 and $1.58 per liter, averaging $0.78.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.2 and $5.51, with an average price of $3.97.
- Eggs (Dozen) - A dozen eggs range from $2 to $6.99, averaging $4.33.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.2 to $6.59 per kg, while oranges range from $3.5 to $13.23 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.32 and $3.28 per kg, and lettuce costs $1.79 to $3 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.82 and $1.05 per liter.
- Taxi Fares - Taxi fares start at $5, with a cost of $3 per km and $35 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs $23,000, while a Toyota Corolla is priced between $24,000 and $27,000.
Housing Costs
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $1950.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $200 and $300, averaging $250.
- Internet - Internet services range from $80 to $90, with an average cost of $83.8.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Abingdon offers a moderate cost of living with affordable dining options and reasonable grocery prices.
Housing costs are relatively high, especially for larger apartments in the city centre.
Transportation costs are manageable, with competitive fuel prices and taxi fares.
Conclusion
In conclusion, Abingdon, MD, presents a balanced cost of living with affordable dining and grocery options.
While housing can be expensive, especially in the city centre, the overall expenses are manageable for those with a steady income.
Potential residents should consider their housing needs and transportation preferences when planning their budget.