Zip 21053 (Freeland, MD) Cost of Living


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Freeland cost of living score
104.5
More expensive
4.5% higher
than the US average
6.5% lower
than the Maryland average
Freeland (zip 21053), Maryland gets a BestPlaces Cost of Living score of 104.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.5% higher than the U.S. average and 6.5% higher than the average for Maryland.

Zip 21053 (Freeland, MD)

Housing costs in Freeland?
A typical home costs $467,700, which is 38.3% more expensive than the national average of $338,100 and 20.5% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Freeland costs $2,240 per month, which is 56.6% more than the national average of $1,430 and 27.7% more than the state average of $1,620.

Can I afford Freeland?
To live comfortably in Freeland (zip 21053), Maryland, a minimum annual income of $89,640 for a family, and $72,800 for a single person is recommended.

What does A.I. say about Freeland?
The cost of living in 21053 Freeland, MD is generally moderate compared to other cities and towns in the US. The average cost of housing is slightly above the national average, with the median home value being $275,400. Renting expenses are also slightly higher than the national median rent price of $1,477 per month. However, groceries and utilities are comparable or even lower than the national median costs. Transportation costs are also relatively low as Freeland provides ample public transit access and many residents commute by bicycle or ride-sharing services instead of driving their own vehicle. Overall, living in 21053 Freeland can be affordable when budgeted properly.
   Cost of living score
     CategoriesFreelandMarylandUnited States
  104.5111.8100.0
  105.2105.2100
  85.284.2100.0
  165.9124.1100.0
  $467,700$388,100$338,100
  106.3%105.6%100.0%
  113.8119.3100.0
  120.2112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime