Chance, MD Cost of Living


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Chance cost of living score
77
Less expensive
23.0% lower
than the US average
31.1% lower
than the Maryland average
Chance, Maryland gets a BestPlaces Cost of Living score of 77, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 23.0% lower than the U.S. average and 31.1% lower than the average for Maryland.

Chance, MD

Housing costs in Chance?
A typical home costs $226,100, which is 33.1% less expensive than the national average of $338,100 and 41.7% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Chance costs $1,100 per month, which is 23.1% cheaper than the national average of $1,430 and 47.3% cheaper than the state average of $1,620.

Can I afford Chance?
To live comfortably in Chance, Maryland, a minimum annual income of $43,200 for a family, and $33,200 for a single person is recommended.

What does A.I. say about Chance?
The cost of living in Chance, MD is quite reasonable. Prices for basic goods and services are lower than the national average, helping to make life more affordable. Monthly rent for a two-bedroom apartment is typically between $900 and $1,100. Utilities are also relatively inexpensive compared to other areas in the US. Groceries are also reasonably priced, making it easy to put money away for savings or retirement funds. With its low cost of living and ample public transportation options, Chance has something to offer everyone looking for a comfortable place to live and call home.
   Cost of living score
     CategoriesChanceMarylandUnited States
  77.0111.8100.0
  101.6105.2100
  83.384.2100.0
  43.0124.1100.0
  $226,100$388,100$338,100
  108.6%105.6%100.0%
  87.4119.3100.0
  76.3112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Chance, MD cost of living
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