Zip 21740 (Hagerstown, MD) Cost of Living


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How much do I need to live in Hagerstown, Maryland?
$3,780 / month
for a family, 30.0% less expensive than the national average
$2,767 / month
for a single person, 42.0% less expensive than the national average

Hagerstown cost of living score
92.6
Less expensive
7.4% lower
than the US average
17.2% lower
than the Maryland average
Hagerstown (zip 21740), Maryland gets a BestPlaces Cost of Living score of 92.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.4% lower than the U.S. average and 17.2% lower than the average for Maryland.

Zip 21740 (Hagerstown, MD)

Housing costs in Hagerstown?
A typical home costs $236,300, which is 30.1% less expensive than the national average of $338,100 and 39.1% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Hagerstown costs $1,070 per month, which is 34.0% cheaper than the national average of $1,620 and close to the state average of $1,080.

Can I afford Hagerstown?
To live comfortably in Hagerstown (zip 21740), Maryland, a minimum annual income of $45,360 for a family, and $33,200 for a single person is recommended.

What does A.I. say about Hagerstown?
The cost of living in 21740 Hagerstown, MD is quite affordable when compared to other parts of the country. The median home price in Hagerstown is around $150,000 and the median rent is just over $1,000 per month. The cost for groceries and utilities are also relatively low when compared to the national average. In addition, there are no state income taxes in Maryland which further reduces expenses for residents of Hagerstown. With its affordability and convenience, it’s easy to see why Hagerstown remains an attractive option for those looking to relocate in Maryland.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHagerstownMarylandUnited States
  92.6111.8100.0
  104.3105.2100
  83.684.2100.0
  73.6124.1100.0
  $236,300$388,100$338,100
  89.9105.6100
  89.1119.3100.0
  95.5112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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