Catonsville, MD Cost of Living


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Catonsville cost of living score
104.5
More expensive
4.5% higher
than the US average
6.5% lower
than the Maryland average
Catonsville, Maryland gets a BestPlaces Cost of Living score of 104.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.5% higher than the U.S. average and 6.5% higher than the average for Maryland.

Catonsville, MD

Housing costs in Catonsville?
A typical home costs $355,100, which is 5.0% more expensive than the national average of $338,100 and 8.5% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Catonsville costs $1,610 per month, which is 12.6% more than the national average of $1,430 and close to the state average of $1,620.

Can I afford Catonsville?
To live comfortably in Catonsville, Maryland, a minimum annual income of $68,040 for a family, and $52,000 for a single person is recommended.

What does A.I. say about Catonsville?
The cost of living in Catonsville, MD is relatively affordable, with housing costs slightly below the national average. Other goods and services are also reasonably priced, making Catonsville a desirable place for those looking to settle down near the city without having to pay city prices. The median household income in Catonsville is $71,064, indicating that the area has an affluent population that can afford the higher costs of living. Additionally, Catonsville boasts a low unemployment rate and high levels of job security. This makes it an ideal location for people looking to start a new career or to make a fresh start in life.
   Cost of living score
     CategoriesCatonsvilleMarylandUnited States
  104.5111.8100.0
  102.5105.2100
  85.284.2100.0
  121.3124.1100.0
  $355,100$388,100$338,100
  107.2%105.6%100.0%
  111.3119.3100.0
  120.5112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Catonsville
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Over 14 years ago

Catonsville is a historical town, small yet plenty of entertainment activities for families. Close to the downtown area and D.C. 15 minutes away from the #2 place to  More

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Over 16 years ago

Closer to Baltimore's Inner Harbor than some parts of Baltimore City are - it's 15 minutes to the Aquarium, the Meyerhoff, Johns Hopkins. Catonsville's got several  More

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Over 16 years ago

Closer to Baltimore's Inner Harbor than some parts of Baltimore City are - it's 15 minutes to the Aquarium, the Meyerhoff, Johns Hopkins. Catonsville's got several  More

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