What Is The Cost Of Living In Bowie MD?

Definition of "What is the cost of living in Bowie MD?"

Michele Hagan real estate agent

Written by

Michele Haganelite badge icon

Century 21 New Millennium

If you’re thinking of moving to Bowie MD, there are probably many burning questions on your mind. Is Bowie MD a safe place to live? Are jobs easy to find in Bowie MD? What is the average home price in Bowie MD? All of these are valid querries, but one question is probably rising above the rest: what is the cost of living in Bowie MD? 

Are homes expensive in Bowie MD? 

Life in Bowie MD is, in fact, quite expensive. Bowie MD is a great town to live in, from many different points of view, and its status as a seat of luxury and haven of safety make homes in the city highly sought after, and of course, more costly. On average, a home in Bowie MD will run you around $350,000, maybe less if you find an exceptionally good deal. There’s a silver lining to this, which is the fact that homes in Bowie MD hold their value very well, and if you buy a home in Bowie MD, it will probably only appreciate as time goes on. 

How much does it cost to live in Bowie MD? 

In keeping with the theme of “high quality of life comes at a high cost,” living in bowie Bowie is expensive. Here in Bowie MD, everything from Swiss cheese to gasoline to monthly rent is going to run you more than average. While this may not be a problem for you if you have substantial financial means, but if you aren’t well off financially, you’ll have to take Bowie’s high cost of living into account when deciding whether or not to make your home here. 

Another thing to keep in mind when considering a move here is the high cost of utilities. Because of the less-than-temperate climate of the area in which Bowie is located, heating bills during the winter are bound to be staggeringly high. Gas and electric bills can be lowered by installing high-efficiency doors and windows, but this will only do so much to take the pressure off of your wallet. 

At the end of the day, Bowie is a great place to live, but if you want to put down roots here, you’ll probably need substantial financial means. If you have the budget and you want to make in this quiet New England town your home, you’ll need to find a couple of good real estate agents in Bowie MD. Once you’ve found your dream real estate agent, you’ll be well on your way to setting up home in one of the safest, most luxurious towns in Maryland!

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Questions

Popular Real Estate Glossary Terms

The person to receive the benefits of a trust when distribution occurs. Secondary beneficiaries may be nominated if the primary beneficiary predeceased the trust distribution. The ...

The assessment sales ratio is a way of measuring the accuracy of a property’s assessed value when compared to the property’s selling price. This measurement gives the ...

Public record in an assessment district listing the assessed valuation of all its assessed property. ...

Same as term appraisal: Valuation assessment of real property by an expert third party for the following purposes: developing a realistic market price. setting a market value at the time ...

Fee charged by a mortgage lender to a buyer, seller or both for transferring a mortgage when the mortgage property is sold. ...

Additional utility an individual receives when purchasing an additional unit of a commodity or service. Represents a trade off between units of cost and unit of utility. For example, an ...

Style of architecture originating at the German Bauhaus, or architectural institute, in the 1920's associated with the International School of architecture. The Bauhaus style emphasized ...

The definition of adjoining properties describes two or more real estate properties, lots, or parcels that shared a boundary. A property that shares a common border with another is ...

Lender has an equity interest in the property that is the subject of the loan. The lender shares in the increase in market price of the property as well as any net income generated. ...