Woodsboro, MD Cost of Living


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How much do I need to live in Woodsboro, Maryland?
$6,960 / month
for a family, 28.9% more expensive than the national average A total of $83,520 for the year for a family.
$3,033 / month
for a single person, 36.4% less expensive than the national average A total of $36,400 for the year for a single person.

Woodsboro cost of living score
113.7
More expensive
13.7% higher
than the US average
1.7% higher
than the Maryland average
Woodsboro, Maryland gets a BestPlaces Cost of Living score of 113.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.7% higher than the U.S. average and 1.7% lower than the average for Maryland.

Woodsboro, MD

Housing costs in Woodsboro?
A typical home costs $436,400, which is 29.1% more expensive than the national average of $338,100 and 12.4% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Woodsboro costs $1,040 per month, which is 27.3% cheaper than the national average of $1,430 and 55.8% cheaper than the state average of $1,620.

Can I afford Woodsboro?
To live comfortably in Woodsboro, Maryland, a minimum annual income of $83,520 for a family, and $36,400 for a single person is recommended.

What does A.I. say about Woodsboro?
The cost of living in Woodsboro, MD is relatively low compared to the national average. The median home value in Woodsboro is $294,400, which is significantly lower than the state average of $320,000. The median household income for Woodsboro residents is also lower than the national average at $63,806. Additionally, grocery and healthcare costs are significantly lower than other parts of Maryland. This makes Woodsboro an attractive option for those looking to save money while still enjoying the amenities that Maryland has to offer.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWoodsboroMarylandUnited States
    Unlock111.8100.0
  108.0  Unlock100.0
    Unlock84.2100.0
  139.4  Unlock100.0
    Unlock$388,100$338,100
  96.3  Unlock100.0
    Unlock119.3100.0
  126.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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