Sharpsburg, MD Cost of Living


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How much do I need to live in Sharpsburg, Maryland?
$4,680 / month
for a family, 13.3% less expensive than the national average A total of $56,160 for the year for a family.
$2,633 / month
for a single person, 44.8% less expensive than the national average A total of $31,600 for the year for a single person.

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

Sharpsburg, MD

Housing costs in Sharpsburg?
A typical home costs $293,100, which is 13.3% less expensive than the national average of $338,100 and 24.5% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Sharpsburg costs $1,030 per month, which is 28.0% cheaper than the national average of $1,430 and 57.3% cheaper than the state average of $1,620.

Can I afford Sharpsburg?
To live comfortably in Sharpsburg, Maryland, a minimum annual income of $56,160 for a family, and $31,600 for a single person is recommended.

What does A.I. say about Sharpsburg?
The cost of living in Sharpsburg, MD is quite affordable. The median home value in the town is just under $215,000, which is much lower than the average in Maryland. Rent prices are also quite reasonable, with the median rent for a two-bedroom apartment coming in at around $1,300 per month. Utilities costs are also relatively low, with gas and electric costing on average $100 per month combined. Grocery costs are about 10 percent below the national average and transportation costs are quite low as well. All things considered, living in Sharpsburg is an affordable option compared to other cities and towns in Maryland.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSharpsburgMarylandUnited States
    Unlock111.8100.0
  106.0  Unlock100.0
    Unlock84.2100.0
  93.8  Unlock100.0
    Unlock$388,100$338,100
  96.3  Unlock100.0
    Unlock119.3100.0
  95.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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