Zip 21542 (Midland, MD) Cost of Living


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How much do I need to live in Midland, Maryland?
$1,170 / month
for a family, 78.3% less expensive than the national average A total of $14,040 for the year for a family.
$2,133 / month
for a single person, 55.3% less expensive than the national average A total of $25,600 for the year for a single person.

Midland cost of living score
73.2
Less expensive
26.8% lower
than the US average
34.5% lower
than the Maryland average
Midland (zip 21542), Maryland gets a BestPlaces Cost of Living score of 73.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.8% lower than the U.S. average and 34.5% lower than the average for Maryland.

Zip 21542 (Midland, MD)

Housing costs in Midland?
A typical home costs $73,400, which is 78.3% less expensive than the national average of $338,100 and 81.1% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Midland costs $800 per month, which is 50.6% cheaper than the national average of $1,620 and 5.0% cheaper than the state average of $840.

Can I afford Midland?
To live comfortably in Midland (zip 21542), Maryland, a minimum annual income of $14,040 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Midland?
The cost of living in 21542 Midland, MD is higher than the national average. In Midland, the median price for housing is $274,270 and the median rent is $1,281 per month. The cost of groceries is also higher in this area of Maryland with an average cost of goods and services being 12 percent more than the national average. Gas prices are also slightly higher than other areas of Maryland but still remain below the national average. Overall, the cost of living in Midland can be considered high when compared to other towns and cities in Maryland.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMidlandMarylandUnited States
    Unlock111.8100.0
  99.0  Unlock100.0
    Unlock84.2100.0
  21.2  Unlock100.0
    Unlock$388,100$338,100
  87.8  Unlock100.0
    Unlock119.3100.0
  80.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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