Zip 21762 (Libertytown, MD) Cost of Living


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Libertytown cost of living score
113.7
More expensive
13.7% higher
than the US average
1.7% higher
than the Maryland average
Libertytown (zip 21762), Maryland gets a BestPlaces Cost of Living score of 113.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.7% higher than the U.S. average and 1.7% lower than the average for Maryland.

Zip 21762 (Libertytown, MD)

Housing costs in Libertytown?
A typical home costs $277,200, which is 18.0% less expensive than the national average of $338,100 and 28.6% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Libertytown costs $1,310 per month, which is 19.1% cheaper than the national average of $1,620 and 38.9% cheaper than the state average of $1,820.

Can I afford Libertytown?
To live comfortably in Libertytown (zip 21762), Maryland, a minimum annual income of $53,280 for a family, and $46,000 for a single person is recommended.

What does A.I. say about Libertytown?
The cost of living in 21762 Libertytown, MD is considered to be quite reasonable compared to other parts of the country. Groceries are very affordable, as are healthcare costs. Property taxes are also on the low side, making it a great place to live if you're looking for an affordable place with a low cost of living. Utility costs, however, can be higher than in other cities due to the limited infrastructure and resources available. Overall, the cost of living in Libertytown is still relatively low and would be suitable for those on a tight budget.
   Cost of living score
     CategoriesLibertytownMarylandUnited States
  113.7111.8100.0
  108.3105.2100
  84.884.2100.0
  107.1124.1100.0
  $277,200$388,100$338,100
  96.9%105.6%100.0%
  103.6119.3100.0
  126.8112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime