Indian Springs, MD Cost of Living


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

Indian Springs, MD

Housing costs in Indian Springs?
A typical home costs $297,500, which is 12.0% less expensive than the national average of $338,100 and 23.3% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Indian Springs costs $890 per month, which is 37.8% cheaper than the national average of $1,430 and 82.0% cheaper than the state average of $1,620.

Can I afford Indian Springs?
To live comfortably in Indian Springs, Maryland, a minimum annual income of $56,880 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Indian Springs?
Indian Springs, MD is an affordable place to live, with many opportunities for people of all ages. The cost of living in Indian Springs is lower than the national average, and rental prices are also very reasonable. Housing prices vary depending on the location within the city, but generally they tend to be very affordable. Groceries, utilities and other necessities can also be quite inexpensive in Indian Springs. Overall, residents can expect to have a great quality of life without breaking the bank.
   Cost of living score
     CategoriesIndian SpringsMarylandUnited States
  92.6111.8100.0
  105.4105.2100
  83.684.2100.0
  89.0124.1100.0
  $297,500$388,100$338,100
  94.0%105.6%100.0%
  93.6119.3100.0
  95.5112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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