Charlestown, MD Cost of Living


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How much do I need to live in Charlestown, Maryland?
$5,190 / month
for a family, 3.9% less expensive than the national average A total of $62,280 for the year for a family.
$4,133 / month
for a single person, 13.3% less expensive than the national average A total of $49,600 for the year for a single person.

Charlestown cost of living score
102.3
More expensive
2.3% higher
than the US average
8.5% lower
than the Maryland average
Charlestown, Maryland gets a BestPlaces Cost of Living score of 102.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 2.3% higher than the U.S. average and 8.5% higher than the average for Maryland.

Charlestown, MD

Housing costs in Charlestown?
A typical home costs $324,200, which is 4.1% less expensive than the national average of $338,100 and 16.5% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Charlestown costs $1,500 per month, which is 4.9% more than the national average of $1,430 and 8.0% cheaper than the state average of $1,620.

Can I afford Charlestown?
To live comfortably in Charlestown, Maryland, a minimum annual income of $62,280 for a family, and $49,600 for a single person is recommended.

What does A.I. say about Charlestown?
Charlestown, MD has an average cost of living that is just slightly above the national average. The cost of housing is slightly higher than other parts of Maryland, but still remains relatively affordable compared to other places in the United States. Groceries and health care tend to be on the more expensive side, while transportation costs are relatively low. Overall, Charlestown offers a comfortable lifestyle with access to amenities and quality education at a reasonable price.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesCharlestownMarylandUnited States
    Unlock111.8100.0
  100.5  Unlock100.0
    Unlock84.2100.0
  90.4  Unlock100.0
    Unlock$388,100$338,100
  113.1  Unlock100.0
    Unlock119.3100.0
  103.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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