Glenmont, MD Cost of Living


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How much do I need to live in Glenmont, Maryland?
$7,680 / month
for a family, 42.2% more expensive than the national average A total of $92,160 for the year for a family.
$5,467 / month
for a single person, 14.7% more expensive than the national average A total of $65,600 for the year for a single person.

Glenmont cost of living score
138.5
More expensive
38.5% higher
than the US average
23.9% higher
than the Maryland average
Glenmont, 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.

Glenmont, MD

Housing costs in Glenmont?
A typical home costs $480,600, which is 42.1% more expensive than the national average of $338,100 and 23.8% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Glenmont costs $1,870 per month, which is 30.8% more than the national average of $1,430 and 13.4% more than the state average of $1,620.

Can I afford Glenmont?
To live comfortably in Glenmont, Maryland, a minimum annual income of $92,160 for a family, and $65,600 for a single person is recommended.

What does A.I. say about Glenmont?
The cost of living in Glenmont, MD is higher than the national average. The median home value is $415,400 and homeownership costs are typically around 41% of the median income. Renters in Glenmont may see rents as high as $1,800 per month. The local economy is diverse with most major industries represented, including healthcare, retail, finance, and technology. Sales taxes are 8.75%. Overall, the cost of living in Glenmont has stayed relatively stable over time and it remains an attractive place to live for those who can afford it.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGlenmontMarylandUnited States
    Unlock111.8100.0
  109.1  Unlock100.0
    Unlock84.2100.0
  153.1  Unlock100.0
    Unlock$388,100$338,100
  104.8  Unlock100.0
    Unlock119.3100.0
  146.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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