Zip 21787 (Taneytown, MD) Cost of Living


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Taneytown cost of living score
113
More expensive
13.0% higher
than the US average
1.1% higher
than the Maryland average
Taneytown (zip 21787), 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.

Zip 21787 (Taneytown, MD)

Housing costs in Taneytown?
A typical home costs $340,300, which is 0.7% more expensive than the national average of $338,100 and 12.3% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Taneytown costs $1,230 per month, which is 24.1% cheaper than the national average of $1,620 and 26.0% cheaper than the state average of $1,550.

Can I afford Taneytown?
To live comfortably in Taneytown (zip 21787), Maryland, a minimum annual income of $65,160 for a family, and $39,600 for a single person is recommended.

What does A.I. say about Taneytown?
The cost of living in 21787 Taneytown, MD is quite reasonable. rental prices are quite affordable, with an average rent of $800-$900 per month for a single bedroom apartment or condo. The median home value is around $210,000, which means that it is an affordable option for those looking to buy a home in the area. Taxes are relatively low compared to other states and overall living expenses remain fairly low as well. This makes Taneytown a great choice for those seeking a quality place to live at a reasonable price.
   Cost of living score
     CategoriesTaneytownMarylandUnited States
  113.0111.8100.0
  101.5105.2100
  84.184.2100.0
  110.0124.1100.0
  $340,300$388,100$338,100
  105.6%105.6%100.0%
  106.0119.3100.0
  120.0112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime