Zip 20776 (Harwood, MD) Cost of Living


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How much do I need to live in Harwood, Maryland?
$10,080 / month
for a family, 86.7% more expensive than the national average A total of $120,960 for the year for a family.
$5,433 / month
for a single person, 14.0% more expensive than the national average A total of $65,200 for the year for a single person.

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
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHarwoodMarylandUnited States
    Unlock111.8100.0
  107.4  Unlock100.0
    Unlock84.2100.0
  204.4  Unlock100.0
    Unlock$388,100$338,100
  108.8  Unlock100.0
    Unlock119.3100.0
  127.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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