Severn, MD Cost of Living


7 Reviews



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How much do I need to live in Severn, Maryland?
$7,050 / month
for a family, 30.6% more expensive than the national average A total of $84,600 for the year for a family.
$5,433 / month
for a single person, 14.0% more expensive than the national average A total of $65,200 for the year for a single person.

Severn cost of living score
114.7
More expensive
14.7% higher
than the US average
2.6% higher
than the Maryland average
Severn, 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.

Severn, MD

Housing costs in Severn?
A typical home costs $441,200, which is 30.5% more expensive than the national average of $338,100 and 13.7% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Severn costs $2,000 per month, which is 39.9% more than the national average of $1,430 and 19.0% more than the state average of $1,620.

Can I afford Severn?
To live comfortably in Severn, Maryland, a minimum annual income of $84,600 for a family, and $65,200 for a single person is recommended.

What does A.I. say about Severn?
Severn, MD has an overall average cost of living that is generally on par with the U.S national rate due largely in part to its comparatively moderate housing prices and taxes alongside moderately priced utility costs which makes it attractive option when considering value without having to give up modern day amenities or recreational activities located nearby either.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSevernMarylandUnited States
    Unlock111.8100.0
  104.0  Unlock100.0
    Unlock84.2100.0
  145.9  Unlock100.0
    Unlock$388,100$338,100
  108.2  Unlock100.0
    Unlock119.3100.0
  126.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Severn
    See all (7)

Over 10 years ago

We've lived in Severn for 25 years and we really enjoy the convenience. Schools are good, shopping is excellent and it's close to everything ... malls, grocery stores,  More

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Over 11 years ago

now its extremely crowded, over populated, poor road infrastructure and Maryland is OUTRAGEOUSLY  More

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Over 15 years ago

In general, Severn is a fine place to be, in a state that has a lot to  More

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