Charlotte Hall, MD Cost of Living


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Charlotte Hall cost of living score
107
More expensive
7.0% higher
than the US average
4.3% lower
than the Maryland average
Charlotte Hall, Maryland gets a BestPlaces Cost of Living score of 107, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.0% higher than the U.S. average and 4.3% higher than the average for Maryland.

Charlotte Hall, MD

Housing costs in Charlotte Hall?
A typical home costs $431,100, which is 27.5% more expensive than the national average of $338,100 and 11.1% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Charlotte Hall costs $1,500 per month, which is 4.9% more than the national average of $1,430 and 8.0% cheaper than the state average of $1,620.

Can I afford Charlotte Hall?
To live comfortably in Charlotte Hall, Maryland, a minimum annual income of $82,440 for a family, and $49,600 for a single person is recommended.

What does A.I. say about Charlotte Hall?
Charlotte Hall, MD is a great place to live with a reasonable cost of living. The median home cost in Charlotte Hall is around $277,400, which is slightly higher than the Maryland average of $275,700. The cost of living in Charlotte Hall is 6% lower than the national average and 15% lower than the state average. Rent prices are also relatively affordable; the median rent price for a one-bedroom apartment in Charlotte Hall is $1,125 per month. In addition, utilities are generally cheaper than national averages. All in all, Charlotte Hall offers residents a high quality of life at an affordable price.
   Cost of living score
     CategoriesCharlotte HallMarylandUnited States
  107.0111.8100.0
  107.9105.2100
  81.484.2100.0
  136.0124.1100.0
  $431,100$388,100$338,100
  108.8%105.6%100.0%
  102.6119.3100.0
  100.6112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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