Galesville, MD Cost of Living


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Galesville cost of living score
114.7
More expensive
14.7% higher
than the US average
2.6% higher
than the Maryland average
Galesville, Maryland gets a BestPlaces Cost of Living score of 114.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.7% higher than the U.S. average and 2.6% lower than the average for Maryland.

Galesville, MD

Housing costs in Galesville?
A typical home costs $771,900, which is 128.3% more expensive than the national average of $338,100 and 98.9% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Galesville costs $1,570 per month, which is 9.8% more than the national average of $1,430 and 3.2% cheaper than the state average of $1,620.

Can I afford Galesville?
To live comfortably in Galesville, Maryland, a minimum annual income of $147,960 for a family, and $50,800 for a single person is recommended.

What does A.I. say about Galesville?
The cost of living in Galesville, MD is quite reasonable compared to the rest of Maryland. Property taxes are below the state average and housing costs are very competitive as well. The median home price in Galesville is $310,403 which is lower than many other parts of the state. With a median household income around $95,550, Galesville offers a comfortable lifestyle at an affordable cost. Utilities are also very reasonable with natural gas being especially inexpensive when compared to other areas of Maryland. Overall, Galesville provides residents with a quality of life that doesn't have to break the bank.
   Cost of living score
     CategoriesGalesvilleMarylandUnited States
  114.7111.8100.0
  107.6105.2100
  83.184.2100.0
  176.8124.1100.0
  $771,900$388,100$338,100
  107.6%105.6%100.0%
  102.0119.3100.0
  126.6112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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