Zip 21917 (Colora, MD) Cost of Living


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How much do I need to live in Colora, Maryland?
$5,490 / month
for a family, 1.7% more expensive than the national average A total of $65,880 for the year for a family.
$4,033 / month
for a single person, 15.4% less expensive than the national average A total of $48,400 for the year for a single person.

Colora cost of living score
102.3
More expensive
2.3% higher
than the US average
8.5% lower
than the Maryland average
Colora (zip 21917), Maryland gets a BestPlaces Cost of Living score of 102.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 2.3% higher than the U.S. average and 8.5% higher than the average for Maryland.

Zip 21917 (Colora, MD)

Housing costs in Colora?
A typical home costs $342,900, which is 1.4% more expensive than the national average of $338,100 and 11.6% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Colora costs $1,450 per month, which is 1.4% more than the national average of $1,430 and 11.7% cheaper than the state average of $1,620.

Can I afford Colora?
To live comfortably in Colora (zip 21917), Maryland, a minimum annual income of $65,880 for a family, and $48,400 for a single person is recommended.

What does A.I. say about Colora?
The cost of living in 21917 Colora, MD is relatively high compared to other places in the country. The median home value is $215,000, and the median household income is $105,945. Renting a two-bedroom apartment will usually require an average of $1,500 a month. Groceries and other basic items are also more expensive than in other areas. This means that residents of 21917 Colora will need to plan their budget carefully if they plan on living comfortably in the area.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesColoraMarylandUnited States
    Unlock111.8100.0
  101.6  Unlock100.0
    Unlock84.2100.0
  103.4  Unlock100.0
    Unlock$388,100$338,100
  113.1  Unlock100.0
    Unlock119.3100.0
  103.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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