Parkville, MD Cost of Living


4 Reviews



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Parkville cost of living score
104.5
More expensive
4.5% higher
than the US average
6.5% lower
than the Maryland average
Parkville, Maryland gets a BestPlaces Cost of Living score of 104.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.5% higher than the U.S. average and 6.5% higher than the average for Maryland.

Parkville, MD

Housing costs in Parkville?
A typical home costs $242,700, which is 28.2% less expensive than the national average of $338,100 and 37.5% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Parkville costs $1,460 per month, which is 2.1% more than the national average of $1,430 and 11.0% cheaper than the state average of $1,620.

Can I afford Parkville?
To live comfortably in Parkville, Maryland, a minimum annual income of $46,440 for a family, and $47,200 for a single person is recommended.

What does A.I. say about Parkville?
The cost of living in Parkville, MD is quite reasonable. With a median home price of $219,000 and an average rent for a three bedroom apartment of around $1,200 per month, it is an affordable place to live. The area also has an efficient public transportation system, with bus routes running throughout the town and connecting to nearby Baltimore. Overall, Parkville offers a great balance between affordability and convenience.
   Cost of living score
     CategoriesParkvilleMarylandUnited States
  104.5111.8100.0
  100.7105.2100
  85.284.2100.0
  81.1124.1100.0
  $242,700$388,100$338,100
  106.3%105.6%100.0%
  117.9119.3100.0
  120.8112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Parkville
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When we first moved to Parkville it was a nice working class area. Then with section 8 put in our neighborhood it turned it into a crime ridden dump. The people are  More

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Over 16 years ago

I have lived in Parkville for 6 years and I have no complaints. I live in a duplex in the city and feel safe. The homes in my neighborhood are well maintained. I  More

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Over 17 years ago

baltimore is a dirty, crime filled city. the only thing really going for it is that there is a lot to do. it's dirty, mostly expensive, most people aren't that friendly  More

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