Woodmore, MD Cost of Living


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How much do I need to live in Woodmore, Maryland?
$8,430 / month
for a family, 56.1% more expensive than the national average A total of $101,160 for the year for a family.
$6,767 / month
for a single person, 42.0% more expensive than the national average A total of $81,200 for the year for a single person.

Woodmore cost of living score
120.8
More expensive
20.8% higher
than the US average
8.1% higher
than the Maryland average
Woodmore, Maryland gets a BestPlaces Cost of Living score of 120.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.8% higher than the U.S. average and 8.1% lower than the average for Maryland.

Woodmore, MD

Housing costs in Woodmore?
A typical home costs $527,400, which is 56.0% more expensive than the national average of $338,100 and 35.9% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Woodmore costs $2,310 per month, which is 61.5% more than the national average of $1,430 and 29.9% more than the state average of $1,620.

Can I afford Woodmore?
To live comfortably in Woodmore, Maryland, a minimum annual income of $101,160 for a family, and $81,200 for a single person is recommended.

What does A.I. say about Woodmore?
The cost of living in Woodmore, MD is relatively low compared to other places in the area. Housing prices tend to be lower than many of its neighboring towns and cities, making it a great value for those looking to invest in property. Groceries and other basic necessities are also reasonably priced. Additionally, there are plenty of free activities and entertainment available throughout the town, such as local parks, museums, and cultural events. This allows residents to enjoy some quality time with family or friends without having to spend a lot of money. Overall, Woodmore is an excellent place for those seeking a comfortable lifestyle without breaking the bank.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWoodmoreMarylandUnited States
    Unlock111.8100.0
  110.3  Unlock100.0
    Unlock84.2100.0
  192.5  Unlock100.0
    Unlock$388,100$338,100
  109.1  Unlock100.0
    Unlock119.3100.0
  117.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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