Fairland, MD Cost of Living


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How much do I need to live in Fairland, Maryland?
$6,690 / month
for a family, 23.9% more expensive than the national average A total of $80,280 for the year for a family.
$5,667 / month
for a single person, 18.9% more expensive than the national average A total of $68,000 for the year for a single person.

Fairland cost of living score
138.5
More expensive
38.5% higher
than the US average
23.9% higher
than the Maryland average
Fairland, Maryland gets a BestPlaces Cost of Living score of 138.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 38.5% higher than the U.S. average and 23.9% lower than the average for Maryland.

Fairland, MD

Housing costs in Fairland?
A typical home costs $419,600, which is 24.1% more expensive than the national average of $338,100 and 8.1% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Fairland costs $1,940 per month, which is 35.7% more than the national average of $1,430 and 16.5% more than the state average of $1,620.

Can I afford Fairland?
To live comfortably in Fairland, Maryland, a minimum annual income of $80,280 for a family, and $68,000 for a single person is recommended.

What does A.I. say about Fairland?
The cost of living in Fairland, MD is quite reasonable. The overall cost of living index for the area is 97.6, which is lower than the US average and very close to the national average. Housing costs are especially affordable, with a median home price around $175,000. Additionally, transportation costs are low compared to other areas in Maryland due to its close proximity to major highways and public transportation options. Groceries, healthcare services, and other basic necessities are also reasonably priced. Overall, Fairland provides quality amenities at a reasonable cost of living which makes it a great place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesFairlandMarylandUnited States
    Unlock111.8100.0
  110.3  Unlock100.0
    Unlock84.2100.0
  161.1  Unlock100.0
    Unlock$388,100$338,100
  108.8  Unlock100.0
    Unlock119.3100.0
  146.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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