Parole, MD Cost of Living


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Parole cost of living score
114.7
More expensive
14.7% higher
than the US average
2.6% higher
than the Maryland average
Parole, Maryland gets a BestPlaces Cost of Living score of 114.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.7% higher than the U.S. average and 2.6% lower than the average for Maryland.

Parole, MD

Housing costs in Parole?
A typical home costs $477,900, which is 41.3% more expensive than the national average of $338,100 and 23.1% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Parole costs $2,090 per month, which is 46.2% more than the national average of $1,430 and 22.5% more than the state average of $1,620.

Can I afford Parole?
To live comfortably in Parole, Maryland, a minimum annual income of $91,440 for a family, and $67,600 for a single person is recommended.

What does A.I. say about Parole?
The cost of living in Parole, MD is relatively low compared to other cities in the state. According to BestPlaces's Cost of Living Index, Parole has an index score of 64.2, which is 11.4% lower than the national average and 16.7% lower than the Maryland average. Housing costs in particular are quite affordable, with an index score of just 56.3 – almost 35% lower than the national average and 28% lower than the Maryland average. The overall cost of living makes it an attractive choice for many residents looking to move or settle in the area while still having access to plenty of amenities and nearby attractions.
   Cost of living score
     CategoriesParoleMarylandUnited States
  114.7111.8100.0
  106.1105.2100
  83.184.2100.0
  170.6124.1100.0
  $477,900$388,100$338,100
  107.6%105.6%100.0%
  105.0119.3100.0
  126.8112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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