Sharptown, MD Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Sharptown, Maryland?
$2,640 / month
for a family, 51.1% less expensive than the national average A total of $31,680 for the year for a family.
$2,367 / month
for a single person, 50.3% less expensive than the national average A total of $28,400 for the year for a single person.

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
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSharptownMarylandUnited States
    Unlock111.8100.0
  102.3  Unlock100.0
    Unlock84.2100.0
  50.0  Unlock100.0
    Unlock$388,100$338,100
  111.2  Unlock100.0
    Unlock119.3100.0
  89.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Sharptown, MD
cost of living
Compare food, housing, utilities, and more in Sharptown, Maryland to any other city in the US.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.