Hagerstown-Martinsburg Metro Area, MD Cost of Living


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United States / Maryland / Hagerstown-Martinsburg Metro Area / Counties / Cities / Zip Codes
How much do I need to live in Hagerstown-Martinsburg, Maryland?
$4,260 / month
for a family, 21.1% less expensive than the national average A total of $51,120 for the year for a family.
$2,833 / month
for a single person, 40.6% less expensive than the national average A total of $34,000 for the year for a single person.

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
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHagerstown-MartinsburgMarylandUnited States
    Unlock111.8100.0
  105.4  Unlock100.0
    Unlock84.2100.0
  83.0  Unlock100.0
    Unlock$388,100$338,100
  92.4  Unlock100.0
    Unlock119.3100.0
  99.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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