Zip 20776 (Harwood, MD) Cost of Living


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Harwood cost of living score
114.7
More expensive
14.7% higher
than the US average
2.6% higher
than the Maryland average
Harwood (zip 20776), Maryland gets a BestPlaces Cost of Living score of 114.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.7% higher than the U.S. average and 2.6% lower than the average for Maryland.

Zip 20776 (Harwood, MD)

Housing costs in Harwood?
A typical home costs $631,800, which is 86.9% more expensive than the national average of $338,100 and 62.8% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Harwood costs $2,010 per month, which is 40.6% more than the national average of $1,430 and 19.4% more than the state average of $1,620.

Can I afford Harwood?
To live comfortably in Harwood (zip 20776), Maryland, a minimum annual income of $120,960 for a family, and $65,200 for a single person is recommended.

What does A.I. say about Harwood?
20776 Harwood, MD has a relatively high cost of living. The median home price in this area is around $424,900, which is significantly higher than the national average of $219,700. Rent prices are also quite steep with the median rent being around $2,000 per month. Additionally, groceries are expensive and taxes are quite high. All in all, 20776 Harwood has a noticeably higher cost of living compared to many other areas.
   Cost of living score
     CategoriesHarwoodMarylandUnited States
  114.7111.8100.0
  107.4105.2100
  83.184.2100.0
  204.4124.1100.0
  $631,800$388,100$338,100
  108.8%105.6%100.0%
  107.1119.3100.0
  127.4112.5100.0

   100=National Average

   Average Rent by Bedroom Size
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