Zip 21042 (Ellicott City, MD) Cost of Living


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Ellicott City cost of living score
127.9
More expensive
27.9% higher
than the US average
14.4% higher
than the Maryland average
Ellicott City (zip 21042), 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 21042 (Ellicott City, MD)

Housing costs in Ellicott City?
A typical home costs $706,800, which is 109.1% more expensive than the national average of $338,100 and 82.1% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Ellicott City costs $2,040 per month, which is 25.9% more than the national average of $1,620 and 24.0% more than the state average of $1,550.

Can I afford Ellicott City?
To live comfortably in Ellicott City (zip 21042), Maryland, a minimum annual income of $135,360 for a family, and $66,000 for a single person is recommended.

What does A.I. say about Ellicott City?
The cost of living in 21042 Ellicott City, MD is higher than the national average. The overall cost of goods and services are approximately 5% higher than the rest of the United States. Housing costs are particularly high with a median home price over $400,000. Despite these sky-high prices, living in Ellicott City can be an attractive option for many as it boasts excellent schools and relative safety. Additionally, its close proximity to Washington DC allows for easy access to employment opportunities while still providing a suburban lifestyle.
   Cost of living score
     CategoriesEllicott CityMarylandUnited States
  127.9111.8100.0
  109105.2100
  86.584.2100.0
  223.0124.1100.0
  $706,800$388,100$338,100
  108.5%105.6%100.0%
  110.9119.3100.0
  151.7112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Ellicott City
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Over 15 years ago

Ellicott City located in Howard County, Maryland is a wonderful place to live and raise a family. The public school system is ranked one of the best in the country, the  More

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