Cost of living in Frederick
Frederick, located in Maryland, United States, offers a unique blend of urban and suburban living. Understanding the cost of living in Frederick is crucial for potential residents and those planning to relocate.
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 $18 on average, with a range between $12.36 and $30.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $77.5, with prices ranging from $50 to $120.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10, with a range between $8.99 and $14.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3.5 to $7.5, imported beer $5 to $8, cappuccino $4 to $7, and Coke/Pepsi $1.5 to $4.
Grocery Prices
- Milk - Milk is priced between $0.74 and $1.32 per liter, averaging $1.08.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.65 and $7.17, with an average price of $3.78.
- Eggs (Dozen) - A dozen eggs range from $1.5 to $5.99, averaging $2.93.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.2 to $8.82 per kg, while oranges range from $2.18 to $13.23 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.98 and $6.61 per kg, and lettuce costs $1.5 to $3 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.82 and $1.02 per liter.
- Taxi Fares - Taxi fares start at $1.8, with a cost of $1.24 to $1.99 per km and $24 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $1300 to $2000, averaging $1683.33.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1200 to $1800, averaging $1475.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $2665 to $3150, averaging $2871.67.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $2400 to $2950, averaging $2616.67.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre averages $2486.46.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter averages $2152.78.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $80.06 and $275, averaging $113.03.
- Internet - Internet services range from $45 to $120, with an average cost of $72.25.
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.
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"Key Takeaways"
Frederick offers a moderate cost of living with competitive housing and utility prices compared to larger metropolitan areas.
Dining out can be affordable, especially at casual restaurants, while grocery prices vary widely depending on the product.
Transportation costs are reasonable, with gasoline prices being relatively low, but potential residents should budget for higher taxi fares.
Conclusion
In conclusion, Frederick, MD, presents a balanced cost of living that can appeal to both individuals and families.
While housing and utility costs are manageable, it's important to consider the variability in dining and grocery expenses.
Overall, Frederick offers a comfortable lifestyle with a mix of urban and suburban amenities, making it an attractive option for new residents.