Carroll County, MD Cost of Living


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United States / Maryland / / Carroll County / Cities / Zip Codes

Carroll cost of living score
113
More expensive
13.0% higher
than the US average
1.1% higher
than the Maryland average
Carroll Maryl County, Maryland gets a BestPlaces Cost of Living score of 113, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.0% higher than the U.S. average and 1.1% lower than the average for Maryland.

Carroll County, MD

Housing costs in Carroll?
A typical home costs $429,200, which is 26.9% more expensive than the national average of $338,100 and 10.6% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Carroll costs $1,550 per month, which is 8.4% more than the national average of $1,430 and 4.5% cheaper than the state average of $1,620.

Can I afford Carroll?
To live comfortably in Carroll Maryl County, Maryland, a minimum annual income of $82,080 for a family, and $50,000 for a single person is recommended.

What does A.I. say about Carroll?
The cost of living in Carroll, MD County is higher than the US average. The Cost of Living Index in Carroll, MD County is 113, which is 13% above the US average. This high cost of living can be attributed to the expensive housing market in the county; according to data from Zillow, the median value for a house in Carroll, MD County is $429200, almost double the US average of $338100. Even though goods and services may be more expensive within the county compared to other areas across the US, residents may find that their money goes further due to having access to higher salaries and wages.
   Cost of living score
     CategoriesCarrollMarylandUnited States
  113.0111.8100.0
  103.2105.2100
  84.184.2100.0
  134.9124.1100.0
  $429,200$388,100$338,100
  107.1%105.6%100.0%
  106.9119.3100.0
  120.0112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime