Randallstown, MD Cost of Living


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Randallstown cost of living score
104.5
More expensive
4.5% higher
than the US average
6.5% lower
than the Maryland average
Randallstown, Maryland gets a BestPlaces Cost of Living score of 104.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.5% higher than the U.S. average and 6.5% higher than the average for Maryland.

Randallstown, MD

Housing costs in Randallstown?
A typical home costs $329,700, which is 2.5% less expensive than the national average of $338,100 and 15.0% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Randallstown costs $1,490 per month, which is 4.2% more than the national average of $1,430 and 8.7% cheaper than the state average of $1,620.

Can I afford Randallstown?
To live comfortably in Randallstown, Maryland, a minimum annual income of $63,000 for a family, and $48,400 for a single person is recommended.

What does A.I. say about Randallstown?
Randallstown, MD is an affordable place to live in comparison to many other places on the East Coast. The cost of living in Randallstown is relatively low with housing costs averaging around 20% lower than the national average. Renting an apartment or house in Randallstown can be very reasonable and there are plenty of options from which to choose. Groceries and other everyday items are also fairly inexpensive in Randallstown, making it a great choice for those looking for a more budget-friendly lifestyle. Additionally, transportation costs are quite low in Randallstown as the public transportation system is well-connected and reliable. All these factors make Randallstown a great option for people who want to enjoy an affordable cost of living without sacrificing quality.
   Cost of living score
     CategoriesRandallstownMarylandUnited States
  104.5111.8100.0
  101.7105.2100
  85.284.2100.0
  104.5124.1100.0
  $329,700$388,100$338,100
  108.5%105.6%100.0%
  127.5119.3100.0
  120.7112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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