North Kensington, MD Cost of Living


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North Kensington cost of living score
138.5
More expensive
38.5% higher
than the US average
23.9% higher
than the Maryland average
North Kensington, 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.

North Kensington, MD

Housing costs in North Kensington?
A typical home costs $538,700, which is 59.3% more expensive than the national average of $338,100 and 38.8% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in North Kensington costs $1,930 per month, which is 35.0% more than the national average of $1,430 and 16.1% more than the state average of $1,620.

Can I afford North Kensington?
To live comfortably in North Kensington, Maryland, a minimum annual income of $103,320 for a family, and $68,000 for a single person is recommended.

What does A.I. say about North Kensington?
The cost of living in North Kensington, MD is relatively low compared to other areas in the state and nation. In fact, it was recently ranked as one of the most affordable cities in Maryland with an overall cost of living index that is 11% below the national average. The median home price in North Kensington is $390,000 which is significantly lower than surrounding counties like Montgomery where the median home price is $535,000. Additionally, groceries, health care costs and transportation costs are all also below the national average making it a great place to live for those who want to enjoy all that Maryland has to offer without breaking the bank.
   Cost of living score
     CategoriesNorth KensingtonMarylandUnited States
  138.5111.8100.0
  113.6105.2100
  86.884.2100.0
  165.4124.1100.0
  $538,700$388,100$338,100
  104.8%105.6%100.0%
  138.6119.3100.0
  146.3112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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