Zip 21632 (Federalsburg, MD) Cost of Living


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United States / Maryland / No Metro Area / Caroline County / Federalsburg / Federalsburg (zip 21632)
How much do I need to live in Federalsburg, Maryland?
$3,060 / month
for a family, 43.3% less expensive than the national average A total of $36,720 for the year for a family.
$2,600 / month
for a single person, 45.5% less expensive than the national average A total of $31,200 for the year for a single person.

Federalsburg cost of living score
86.9
Less expensive
13.1% lower
than the US average
22.3% lower
than the Maryland average
Federalsburg (zip 21632), Maryland gets a BestPlaces Cost of Living score of 86.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.1% lower than the U.S. average and 22.3% lower than the average for Maryland.

Zip 21632 (Federalsburg, MD)

Housing costs in Federalsburg?
A typical home costs $190,800, which is 43.6% less expensive than the national average of $338,100 and 50.8% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Federalsburg costs $1,030 per month, which is 28.0% cheaper than the national average of $1,430 and 57.3% cheaper than the state average of $1,620.

Can I afford Federalsburg?
To live comfortably in Federalsburg (zip 21632), Maryland, a minimum annual income of $36,720 for a family, and $31,200 for a single person is recommended.

What does A.I. say about Federalsburg?
21632 Federalsburg, MD is a great place for people looking to save money on their cost of living. The median home price in the city is $115,000, making it an affordable option for many locals and potential newcomers. Additionally, the overall cost of living in 21632 Federalsburg, MD is 9% lower than the US average, making it a great choice for those looking to stretch their dollar. With low prices on food and entertainment, as well as relatively low property taxes and utilities costs, anyone can enjoy more financial freedom by choosing this city as their home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesFederalsburgMarylandUnited States
    Unlock111.8100.0
  97.6  Unlock100.0
    Unlock84.2100.0
  46.8  Unlock100.0
    Unlock$388,100$338,100
  108.7  Unlock100.0
    Unlock119.3100.0
  75.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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