Pondsville, MD Cost of Living


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Pondsville cost of living score
92.6
Less expensive
7.4% lower
than the US average
17.2% lower
than the Maryland average
Pondsville, Maryland gets a BestPlaces Cost of Living score of 92.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.4% lower than the U.S. average and 17.2% lower than the average for Maryland.

Pondsville, MD

Housing costs in Pondsville?
A typical home costs $297,500, which is 12.0% less expensive than the national average of $338,100 and 23.3% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Pondsville costs $1,110 per month, which is 22.4% cheaper than the national average of $1,430 and 45.9% cheaper than the state average of $1,620.

Can I afford Pondsville?
To live comfortably in Pondsville, Maryland, a minimum annual income of $56,880 for a family, and $34,000 for a single person is recommended.

What does A.I. say about Pondsville?
Pondsville, MD is known for its affordability. The cost of living in this area is relatively low compared to other places in the region. The housing market offers a variety of options, from single-family homes to multifamily dwellings. Renting an apartment can be quite affordable and there are plenty of options available at various price points. In addition to inexpensive housing costs, basic necessities such as food and transportation are also reasonably priced. Taxes are relatively low as well, making it easier for residents to live comfortably on a limited budget. All in all, Pondsville is an ideal place for those looking for an affordable place to live.
   Cost of living score
     CategoriesPondsvilleMarylandUnited States
  92.6111.8100.0
  106.5105.2100
  83.684.2100.0
  55.2124.1100.0
  $297,500$388,100$338,100
  94.0%105.6%100.0%
  93.6119.3100.0
  95.7112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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