Bel Air North, MD Cost of Living


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Bel Air North cost of living score
107.6
More expensive
7.6% higher
than the US average
3.8% lower
than the Maryland average
Bel Air North, Maryland gets a BestPlaces Cost of Living score of 107.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.6% higher than the U.S. average and 3.8% higher than the average for Maryland.

Bel Air North, MD

Housing costs in Bel Air North?
A typical home costs $409,600, which is 21.1% more expensive than the national average of $338,100 and 5.5% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Bel Air North costs $1,620 per month, which is 13.3% more than the national average of $1,430 and close to the state average of $1,620.

Can I afford Bel Air North?
To live comfortably in Bel Air North, Maryland, a minimum annual income of $78,480 for a family, and $52,400 for a single person is recommended.

What does A.I. say about Bel Air North?
Bel Air North, MD is an affluent area with a high cost of living. The median home price in Bel Air North is $354,500, significantly higher than the national average of $184,700. Additionally, the median household income is $124,200, which is much higher than the national average of $57,652. Renters can expect to spend about $1,400 per month on rent for a one-bedroom apartment in Bel Air North. Groceries are also expensive due to the area's affluent nature; however there are still plenty of other options such as fast food and restaurants for those looking to save money on food costs.
   Cost of living score
     CategoriesBel Air NorthMarylandUnited States
  107.6111.8100.0
  103.3105.2100
  84.484.2100.0
  124.6124.1100.0
  $409,600$388,100$338,100
  108.8%105.6%100.0%
  110.5119.3100.0
  129.2112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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