Zip 21502 (Cumberland, MD) Cost of Living

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Cumberland cost of living score
Less expensive
26.8% lower
than the US average
34.5% lower
than the Maryland average
Cumberland (zip 21502), Maryland gets a BestPlaces Cost of Living score of 73.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.8% lower than the U.S. average and 34.5% lower than the average for Maryland.

Zip 21502 (Cumberland, MD)

Housing costs in Cumberland?
A typical home costs $138,000, which is 59.2% less expensive than the national average of $338,100 and 64.4% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Cumberland costs $820 per month, which is 49.4% cheaper than the national average of $1,620 and 2.4% cheaper than the state average of $840.

Can I afford Cumberland?
To live comfortably in Cumberland (zip 21502), Maryland, a minimum annual income of $26,280 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Cumberland?
The cost of living in 21502 Cumberland, MD is somewhat low compared to other parts of the country. The cost of housing is particularly affordable, with a median home price of $127,000 and average rent for a two-bedroom apartment at just over $800 per month. Groceries are also relatively inexpensive, with an average cost of groceries coming in around 10% lower than the national average. Furthermore, transportation costs are among the lowest in the state, with gas prices typically being below the national average. All told, Cumberland offers residents a very reasonable cost of living that allows for more disposable income to be directed towards other needs and wants.
   Cost of living score
     CategoriesCumberlandMarylandUnited States

   100=National Average

   Average Rent by Bedroom Size