Rock Point, MD Cost of Living


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Rock Point cost of living score
115.4
More expensive
15.4% higher
than the US average
3.2% higher
than the Maryland average
Rock Point, Maryland gets a BestPlaces Cost of Living score of 115.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.4% higher than the U.S. average and 3.2% lower than the average for Maryland.

Rock Point, MD

Housing costs in Rock Point?
A typical home costs $387,400, which is 14.6% more expensive than the national average of $338,100 and 0.2% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Rock Point 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 Rock Point?
To live comfortably in Rock Point, Maryland, a minimum annual income of $74,160 for a family, and $60,000 for a single person is recommended.

What does A.I. say about Rock Point?
The cost of living in Rock Point, MD is relatively low compared to other cities and towns in the same area. Groceries, rent, transportation, and utilities are all usually cheaper here than in nearby locations. Despite this lower cost of living, Rock Point still offers lots of amenities for its residents including a range of shops, restaurants, parks and other attractions. The town is also conveniently located close to major highways, making it easy to commute to larger cities like Baltimore or Washington D.C. for work or entertainment. All things considered, Rock Point is an affordable place to live with lots of options for its residents.
   Cost of living score
     CategoriesRock PointMarylandUnited States
  115.4111.8100.0
  107.2105.2100
  84.984.2100.0
  109.2124.1100.0
  $387,400$388,100$338,100
  112.3%105.6%100.0%
  120.9119.3100.0
  115.2112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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