Zip 21048 (Finksburg, MD) Cost of Living


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Finksburg cost of living score
113
More expensive
13.0% higher
than the US average
1.1% higher
than the Maryland average
Finksburg (zip 21048), Maryland gets a BestPlaces Cost of Living score of 113, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.0% higher than the U.S. average and 1.1% lower than the average for Maryland.

Zip 21048 (Finksburg, MD)

Housing costs in Finksburg?
A typical home costs $469,400, which is 38.8% more expensive than the national average of $338,100 and 20.9% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Finksburg costs $1,260 per month, which is 22.2% cheaper than the national average of $1,620 and 23.0% cheaper than the state average of $1,550.

Can I afford Finksburg?
To live comfortably in Finksburg (zip 21048), Maryland, a minimum annual income of $90,000 for a family, and $40,800 for a single person is recommended.

What does A.I. say about Finksburg?
The cost of living in 21048 Finksburg, MD is generally quite affordable. The median home price is $292,400, while the average rent for a one bedroom apartment is $1,210 per month. Grocery costs are slightly above the national average, but transportation costs are lower than the national average. Taxes are also relatively low compared to many other urban areas. All of these factors contribute to the overall affordability of living in 21048 Finksburg, MD.
   Cost of living score
     CategoriesFinksburgMarylandUnited States
  113.0111.8100.0
  104.1105.2100
  84.184.2100.0
  146.9124.1100.0
  $469,400$388,100$338,100
  109.7%105.6%100.0%
  102.4119.3100.0
  120.0112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Finksburg
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Over 14 years ago

Finksburg is an area that is very close to Baltimore City; therefore a lot of people commute there for work. Finksburg has a ridiculously high cost of living, poor air  More

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