Charlotte Hall, MD Cost of Living


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How much do I need to live in Charlotte Hall, Maryland?
$6,870 / month
for a family, 27.2% more expensive than the national average A total of $82,440 for the year for a family.
$4,133 / month
for a single person, 13.3% less expensive than the national average A total of $49,600 for the year for a single person.

Charlotte Hall cost of living score
107
More expensive
7.0% higher
than the US average
4.3% lower
than the Maryland average
Charlotte Hall, Maryland gets a BestPlaces Cost of Living score of 107, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.0% higher than the U.S. average and 4.3% higher than the average for Maryland.

Charlotte Hall, MD

Housing costs in Charlotte Hall?
A typical home costs $431,100, which is 27.5% more expensive than the national average of $338,100 and 11.1% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Charlotte Hall costs $1,500 per month, which is 4.9% more than the national average of $1,430 and 8.0% cheaper than the state average of $1,620.

Can I afford Charlotte Hall?
To live comfortably in Charlotte Hall, Maryland, a minimum annual income of $82,440 for a family, and $49,600 for a single person is recommended.

What does A.I. say about Charlotte Hall?
Charlotte Hall, MD is a great place to live with a reasonable cost of living. The median home cost in Charlotte Hall is around $277,400, which is slightly higher than the Maryland average of $275,700. The cost of living in Charlotte Hall is 6% lower than the national average and 15% lower than the state average. Rent prices are also relatively affordable; the median rent price for a one-bedroom apartment in Charlotte Hall is $1,125 per month. In addition, utilities are generally cheaper than national averages. All in all, Charlotte Hall offers residents a high quality of life at an affordable price.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesCharlotte HallMarylandUnited States
    Unlock111.8100.0
  107.9  Unlock100.0
    Unlock84.2100.0
  136.0  Unlock100.0
    Unlock$388,100$338,100
  108.8  Unlock100.0
    Unlock119.3100.0
  100.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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