Sharptown, MD Cost of Living


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Sharptown cost of living score
83.7
Less expensive
16.3% lower
than the US average
25.1% lower
than the Maryland average
Sharptown, Maryland gets a BestPlaces Cost of Living score of 83.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.3% lower than the U.S. average and 25.1% lower than the average for Maryland.

Sharptown, MD

Housing costs in Sharptown?
A typical home costs $166,200, which is 50.8% less expensive than the national average of $338,100 and 57.2% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Sharptown costs $940 per month, which is 34.3% cheaper than the national average of $1,430 and 72.3% cheaper than the state average of $1,620.

Can I afford Sharptown?
To live comfortably in Sharptown, Maryland, a minimum annual income of $31,680 for a family, and $28,400 for a single person is recommended.

What does A.I. say about Sharptown?
The cost of living in Sharptown, MD is quite reasonable. The median home price in the city is around $132,000, which is significantly lower than the average national home price. Renters can expect to pay an average of roughly $1,000 a month for a one-bedroom apartment. Groceries and other necessities are reasonably priced as well. With its low cost of living and proximity to several major cities, Sharptown is a great place to live for those looking for affordability and convenience in their lifestyle.
   Cost of living score
     CategoriesSharptownMarylandUnited States
  83.7111.8100.0
  102.3105.2100
  82.684.2100.0
  50.0124.1100.0
  $166,200$388,100$338,100
  111.2%105.6%100.0%
  94.6119.3100.0
  89.9112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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