Boonsboro, MD Cost of Living


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Boonsboro cost of living score
92.6
Less expensive
7.4% lower
than the US average
17.2% lower
than the Maryland average
Boonsboro, 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.

Boonsboro, MD

Housing costs in Boonsboro?
A typical home costs $343,900, which is 1.7% more expensive than the national average of $338,100 and 11.4% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Boonsboro costs $1,490 per month, which is 4.2% more than the national average of $1,430 and 8.7% cheaper than the state average of $1,620.

Can I afford Boonsboro?
To live comfortably in Boonsboro, Maryland, a minimum annual income of $65,880 for a family, and $46,000 for a single person is recommended.

What does A.I. say about Boonsboro?
Boonsboro, MD is an affordable place to live with a cost of living that is just slightly above the national average. The median home value in Boonsboro is around $242,500 and the median rent for a two-bedroom residence is about $1,200 per month. Food costs in Boonsboro are also relatively low compared to other areas in Maryland and groceries tend to be reasonably priced. Overall, the cost of living in Boonsboro is quite reasonable and makes it an attractive place to call home.
   Cost of living score
     CategoriesBoonsboroMarylandUnited States
  92.6111.8100.0
  107105.2100
  83.684.2100.0
  109.0124.1100.0
  $343,900$388,100$338,100
  96.3%105.6%100.0%
  93.7119.3100.0
  95.5112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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