Zip 21631 (East New Market, MD) Cost of Living


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How much do I need to live in East New Market, Maryland?
$4,740 / month
for a family, 12.2% less expensive than the national average A total of $56,880 for the year for a family.
$2,667 / month
for a single person, 44.1% less expensive than the national average A total of $32,000 for the year for a single person.

East New Market cost of living score
81.4
Less expensive
18.6% lower
than the US average
27.2% lower
than the Maryland average
East New Market (zip 21631), Maryland gets a BestPlaces Cost of Living score of 81.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 18.6% lower than the U.S. average and 27.2% lower than the average for Maryland.

Zip 21631 (East New Market, MD)

Housing costs in East New Market?
A typical home costs $296,300, which is 12.4% less expensive than the national average of $338,100 and 23.7% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in East New Market costs $1,000 per month, which is 38.3% cheaper than the national average of $1,620 and close to the state average of $990.

Can I afford East New Market?
To live comfortably in East New Market (zip 21631), Maryland, a minimum annual income of $56,880 for a family, and $32,000 for a single person is recommended.

What does A.I. say about East New Market?
The cost of living in 21631 East New Market, MD is quite affordable. The median home price is just over $195,000, making it an ideal location for those looking to buy a home while still staying within their budget. Additionally, the overall cost of living is nearly 9% lower than the national average, with grocery costs coming in 6% lower and healthcare costs 4% lower. This makes East New Market great for anyone looking to save some money while still living comfortably.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesEast New MarketMarylandUnited States
    Unlock111.8100.0
  100.6  Unlock100.0
    Unlock84.2100.0
  80.6  Unlock100.0
    Unlock$388,100$338,100
  108.1  Unlock100.0
    Unlock119.3100.0
  83.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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