Zip 21045 (Columbia, MD) Cost of Living

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Columbia cost of living score
More expensive
27.9% higher
than the US average
14.4% higher
than the Maryland average
Columbia (zip 21045), Maryland gets a BestPlaces Cost of Living score of 127.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.9% higher than the U.S. average and 14.4% lower than the average for Maryland.

Zip 21045 (Columbia, MD)

Housing costs in Columbia?
A typical home costs $437,100, which is 29.3% more expensive than the national average of $338,100 and 12.6% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Columbia costs $1,840 per month, which is 13.6% more than the national average of $1,620 and 15.8% more than the state average of $1,550.

Can I afford Columbia?
To live comfortably in Columbia (zip 21045), Maryland, a minimum annual income of $83,880 for a family, and $59,600 for a single person is recommended.

What does A.I. say about Columbia?
The cost of living in 21045 Columbia, MD is relatively high compared to other parts of the state and country. Housing costs take up a large portion of people's expenses, with the median home value in the area being around $321,500 according to Sperling's Best Places. In addition, goods and services are also generally more expensive than the national average. While some may find this discouraging, many residents are willing to pay for the convenience and safety that comes from living in such an affluent area.
   Cost of living score
     CategoriesColumbiaMarylandUnited States

   100=National Average

   Average Rent by Bedroom Size