Hagerstown-Martinsburg Metro Area, MD Cost of Living


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Hagerstown-Martinsburg cost of living score
93.2
Less expensive
6.8% lower
than the US average
16.6% lower
than the Maryland average
Hagerstown-Martinsburg Maryl Metro Area, Maryland gets a BestPlaces Cost of Living score of 93.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 6.8% lower than the U.S. average and 16.6% lower than the average for Maryland.

Hagerstown-Martinsburg Metro Area, MD

Housing costs in Hagerstown-Martinsburg?
A typical home costs $267,300, which is 20.9% less expensive than the national average of $338,100 and 31.1% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Hagerstown-Martinsburg costs $1,080 per month, which is 24.5% cheaper than the national average of $1,430 and 50.0% cheaper than the state average of $1,620.

Can I afford Hagerstown-Martinsburg?
To live comfortably in Hagerstown-Martinsburg Maryl Metro Area, Maryland, a minimum annual income of $51,120 for a family, and $34,000 for a single person is recommended.

What does A.I. say about Hagerstown-Martinsburg?
The cost of living in Hagerstown-Martinsburg, MD Metro Area is quite good compared to the US average. At 93.2, it is 6.8 points lower than the national average of 100, making it a relatively affordable place to live. This is especially true when considering the fact that the median house value in the metro area is $267,300, which is significantly lower than the US average of $338,100. Therefore, people who live in Hagerstown-Martinsburg can receive a good quality of life at an affordable price point.
   Cost of living score
     CategoriesHagerstown-MartinsburgMarylandUnited States
  93.2111.8100.0
  105.4105.2100
  100.584.2100.0
  83.0124.1100.0
  $267,300$388,100$338,100
  92.4%105.6%100.0%
  95.2119.3100.0
  99.2112.5100.0

   100=National Average

   Average Rent by Bedroom Size
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