Martin's Additions, MD Cost of Living


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Martin's Additions cost of living score
138.5
More expensive
38.5% higher
than the US average
23.9% higher
than the Maryland average
Martin's Additions, Maryland gets a BestPlaces Cost of Living score of 138.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 38.5% higher than the U.S. average and 23.9% lower than the average for Maryland.

Martin

Housing costs in Martin's Additions?
A typical home costs $1,408,000, which is 316.4% more expensive than the national average of $338,100 and 262.8% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Martin's Additions costs $2,450 per month, which is 71.3% more than the national average of $1,430 and 33.9% more than the state average of $1,620.

Can I afford Martin's Additions?
To live comfortably in Martin's Additions, Maryland, a minimum annual income of $269,640 for a family, and $86,000 for a single person is recommended.

What does A.I. say about Martin's Additions?
The cost of living in Martin’s Additions, MD is quite reasonable compared to some of the bigger cities nearby. The median home value is around $800,000 according to Zillow, which is significantly lower than the cost of living in nearby Washington D.C. or Baltimore. Additionally, residents benefit from low property taxes and a variety of other factors that make the area an attractive place to live. Along with the low cost of living, residents enjoy easy access to employment opportunities and a host of recreational activities in and around Martin's Additions. With its combination of affordability and amenities, Martin’s Additions is a great place to call home.
   Cost of living score
     CategoriesMartin's AdditionsMarylandUnited States
  138.5111.8100.0
  118.9105.2100
  86.884.2100.0
  422.8124.1100.0
  $1,408,000$388,100$338,100
  104.8%105.6%100.0%
  128.0119.3100.0
  146.8112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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