Pikesville, MD Cost of Living


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Pikesville cost of living score
104.5
More expensive
4.5% higher
than the US average
6.5% lower
than the Maryland average
Pikesville, Maryland gets a BestPlaces Cost of Living score of 104.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.5% higher than the U.S. average and 6.5% higher than the average for Maryland.

Pikesville, MD

Housing costs in Pikesville?
A typical home costs $379,400, which is 12.2% more expensive than the national average of $338,100 and 2.2% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Pikesville costs $1,700 per month, which is 18.9% more than the national average of $1,430 and 4.7% more than the state average of $1,620.

Can I afford Pikesville?
To live comfortably in Pikesville, Maryland, a minimum annual income of $72,720 for a family, and $55,200 for a single person is recommended.

What does A.I. say about Pikesville?
Pikesville, MD is known for its affordable cost of living. It is a great option for those looking to save money while still having access to all of the amenities and services the city has to offer. The median home value in Pikesville is around $308,000, which is slightly lower than the state median of $341,000. Renting an apartment in Pikesville tends to be quite affordable as well with prices starting at around $1050 per month for a one-bedroom apartment. This makes it attractive for people wanting to live close to Baltimore without breaking the bank. Utilities and taxes also tend to remain relatively low in this area compared with other cities in Maryland.
   Cost of living score
     CategoriesPikesvilleMarylandUnited States
  104.5111.8100.0
  102.2105.2100
  85.284.2100.0
  127.5124.1100.0
  $379,400$388,100$338,100
  106.3%105.6%100.0%
  114.8119.3100.0
  120.4112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Pikesville
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Over 14 years ago

I find the styles of houses limited and land space  More

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Over 18 years ago

Pikesville is about 1/2 houur from many major hospitals and specialized medical facilites. Transportation is available by cab, metro subway, bus and for the wheelchair  More

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