Zip 21703 (Ballenger Creek, MD) Cost of Living


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How much do I need to live in Ballenger Creek, Maryland?
$5,970 / month
for a family, 10.6% more expensive than the national average A total of $71,640 for the year for a family.
$4,933 / month
for a single person, 3.5% more expensive than the national average A total of $59,200 for the year for a single person.

Ballenger Creek cost of living score
113.7
More expensive
13.7% higher
than the US average
1.7% higher
than the Maryland average
Ballenger Creek (zip 21703), Maryland gets a BestPlaces Cost of Living score of 113.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.7% higher than the U.S. average and 1.7% lower than the average for Maryland.

Zip 21703 (Ballenger Creek, MD)

Housing costs in Ballenger Creek?
A typical home costs $373,000, which is 10.3% more expensive than the national average of $338,100 and 3.9% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Ballenger Creek costs $1,680 per month, which is 3.7% more than the national average of $1,620 and 8.3% cheaper than the state average of $1,820.

Can I afford Ballenger Creek?
To live comfortably in Ballenger Creek (zip 21703), Maryland, a minimum annual income of $71,640 for a family, and $59,200 for a single person is recommended.

What does A.I. say about Ballenger Creek?
The cost of living in 21703 Ballenger Creek, MD is quite reasonable and affordable. The median home cost in the area is $346,000, which is around 5% lower than the national average. Additionally, utilities are typically low and rental costs remain below the national average. Groceries prices are also generally lower than other similar areas. Taken together, these factors make it easy to maintain a budget-friendly lifestyle in Ballenger Creek.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBallenger CreekMarylandUnited States
    Unlock111.8100.0
  107.0  Unlock100.0
    Unlock84.2100.0
  117.2  Unlock100.0
    Unlock$388,100$338,100
  96.7  Unlock100.0
    Unlock119.3100.0
  126.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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