Zip 21012 (Arnold, MD) Cost of Living


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Arnold cost of living score
114.7
More expensive
14.7% higher
than the US average
2.6% higher
than the Maryland average
Arnold (zip 21012), Maryland gets a BestPlaces Cost of Living score of 114.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.7% higher than the U.S. average and 2.6% lower than the average for Maryland.

Zip 21012 (Arnold, MD)

Housing costs in Arnold?
A typical home costs $524,400, which is 55.1% more expensive than the national average of $338,100 and 35.1% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Arnold costs $2,230 per month, which is 37.7% more than the national average of $1,620 and 30.5% more than the state average of $1,550.

Can I afford Arnold?
To live comfortably in Arnold (zip 21012), Maryland, a minimum annual income of $100,440 for a family, and $72,400 for a single person is recommended.

What does A.I. say about Arnold?
The cost of living in 21012 Arnold, MD is quite reasonable compared to other areas in the state. The median home value for the area is around $340,000 and the median rent is around $1,400 per month. Prices for basic necessities such as groceries and gas are comparable to other parts of Maryland. Additionally, utilities costs and taxes are relatively low due to local regulations and incentives. Overall, living in 21012 Arnold can be quite affordable when taking into account its proximity to larger cities like Baltimore and Washington D.C.
   Cost of living score
     CategoriesArnoldMarylandUnited States
  114.7111.8100.0
  105.8105.2100
  83.184.2100.0
  167.1124.1100.0
  $524,400$388,100$338,100
  107.6%105.6%100.0%
  102.4119.3100.0
  127.4112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime