Baltimore-Columbia-Towson Metro Area, Maryland
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The Baltimore-Columbia-Towson, MD Metro Area is an attractive place to live due to its relatively low cost of living compared to the national average. According to data from the US Census Bureau, the median house value in this area is $359,900, which is significantly lower than the national average of $338,100. Additionally, the Cost of Living Index for this area is 108.6 which is 8.6 points higher than the US average of 100. This means that while housing may be less expensive in this area than elsewhere in the country, other costs like groceries and utilities may be more expensive than other places. All things considered, however, living in Baltimore-Columbia-Towson, MD Metro Area can be quite affordable for those looking for a slightly lower cost of living without sacrificing quality.Our cost of living indices are based on a US average of 100. An amount below 100 means Baltimore-Columbia-Towson Metro Area is cheaper than the US average. A cost of living index above 100 means Baltimore-Columbia-Towson Metro Area, Maryland is more expensive.
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