Thurmont, MD Cost of Living


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Thurmont cost of living score
113.7
More expensive
13.7% higher
than the US average
1.7% higher
than the Maryland average
Thurmont, Maryland gets a BestPlaces Cost of Living score of 113.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.7% higher than the U.S. average and 1.7% lower than the average for Maryland.

Thurmont, MD

Housing costs in Thurmont?
A typical home costs $327,700, which is 3.1% less expensive than the national average of $338,100 and 15.6% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Thurmont costs $1,140 per month, which is 20.3% cheaper than the national average of $1,430 and 42.1% cheaper than the state average of $1,620.

Can I afford Thurmont?
To live comfortably in Thurmont, Maryland, a minimum annual income of $62,640 for a family, and $40,000 for a single person is recommended.

What does A.I. say about Thurmont?
The cost of living in Thurmont, MD is quite reasonable. Housing prices are much lower than the national average, while groceries and other necessities are also reasonably priced. The median home value in Thurmont is approximately $240,000, which is much lower than the national average of about $210,000. Additionally, the cost of living index for Thurmont is 83.6, which is 17.4 points lower than the national average of 100. This makes Thurmont an attractive destination for those looking to move to an area with a more affordable cost of living.
   Cost of living score
     CategoriesThurmontMarylandUnited States
  113.7111.8100.0
  106.9105.2100
  84.884.2100.0
  108.8124.1100.0
  $327,700$388,100$338,100
  92.5%105.6%100.0%
  102.7119.3100.0
  127.1112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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