Shaft, MD Cost of Living


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Shaft cost of living score
73.2
Less expensive
26.8% lower
than the US average
34.5% lower
than the Maryland average
Shaft, Maryland gets a BestPlaces Cost of Living score of 73.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.8% lower than the U.S. average and 34.5% lower than the average for Maryland.

Shaft, MD

Housing costs in Shaft?
A typical home costs $223,600, which is 33.9% less expensive than the national average of $338,100 and 42.4% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Shaft costs $880 per month, which is 38.5% cheaper than the national average of $1,430 and 84.1% cheaper than the state average of $1,620.

Can I afford Shaft?
To live comfortably in Shaft, Maryland, a minimum annual income of $42,840 for a family, and $28,000 for a single person is recommended.

What does A.I. say about Shaft?
The cost of living in Shaft, MD is quite reasonable. The median household income in this small town is about $49,419 - significantly lower than the national average. But with the low median income comes cheaper housing costs and other living expenses. In fact, it's been estimated that the cost of living in Shaft, MD is about 22% lower than the US average. This makes it a great option for those looking to move out of a larger city and into a more affordable area. With its proximity to Washington DC, Baltimore and other attractions, Shaft is an ideal place for young families to start their lives without having to worry about expensive housing costs or bills.
   Cost of living score
     CategoriesShaftMarylandUnited States
  73.2111.8100.0
  102.1105.2100
  84.284.2100.0
  27.4124.1100.0
  $223,600$388,100$338,100
  91.9%105.6%100.0%
  84.0119.3100.0
  80.6112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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