Gilmore, MD Cost of Living


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Gilmore cost of living score
73.2
Less expensive
26.8% lower
than the US average
34.5% lower
than the Maryland average
Gilmore, Maryland gets a BestPlaces Cost of Living score of 73.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.8% lower than the U.S. average and 34.5% lower than the average for Maryland.

Gilmore, MD

Housing costs in Gilmore?
A typical home costs $234,900, which is 30.5% less expensive than the national average of $338,100 and 39.5% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Gilmore costs $880 per month, which is 38.5% cheaper than the national average of $1,430 and 84.1% cheaper than the state average of $1,620.

Can I afford Gilmore?
To live comfortably in Gilmore, Maryland, a minimum annual income of $45,000 for a family, and $28,000 for a single person is recommended.

What does A.I. say about Gilmore?
The cost of living in Gilmore, MD is quite reasonable compared to other parts of the country. The median property value in the area is just under $300,000, which is significantly lower than the national average. Additionally, groceries and other household essentials are reasonably priced in the area as well. Local taxes may be slightly higher than elsewhere but are still manageable for most residents. As a result, Gilmore is an ideal place to live for those looking for a comfortable lifestyle without breaking the bank.
   Cost of living score
     CategoriesGilmoreMarylandUnited States
  73.2111.8100.0
  102.1105.2100
  84.284.2100.0
  25.3124.1100.0
  $234,900$388,100$338,100
  91.9%105.6%100.0%
  84.0119.3100.0
  80.3112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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