Zip 21776 (New Windsor, MD) Cost of Living


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How much do I need to live in New Windsor, Maryland?
$6,450 / month
for a family, 19.4% more expensive than the national average A total of $77,400 for the year for a family.
$3,500 / month
for a single person, 26.6% less expensive than the national average A total of $42,000 for the year for a single person.

New Windsor cost of living score
113
More expensive
13.0% higher
than the US average
1.1% higher
than the Maryland average
New Windsor (zip 21776), Maryland gets a BestPlaces Cost of Living score of 113, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.0% higher than the U.S. average and 1.1% lower than the average for Maryland.

Zip 21776 (New Windsor, MD)

Housing costs in New Windsor?
A typical home costs $404,400, which is 19.6% more expensive than the national average of $338,100 and 4.2% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in New Windsor costs $1,300 per month, which is 19.8% cheaper than the national average of $1,620 and 19.2% cheaper than the state average of $1,550.

Can I afford New Windsor?
To live comfortably in New Windsor (zip 21776), Maryland, a minimum annual income of $77,400 for a family, and $42,000 for a single person is recommended.

What does A.I. say about New Windsor?
The cost of living in 21776 New Windsor, MD is quite reasonable. Though the overall cost of living index is slightly higher than the national average, housing costs are especially low due to a large amount of available land and many affordable homes. The city’s property tax rate is also quite low - only 0.58%. Additionally, thanks to its proximity to major population centers like Washington DC, Baltimore, and Annapolis, there are plenty of job opportunities in the area for those looking to find employment. All these factors combine to make New Windsor an attractive place for prospective residents looking for an affordable place to live.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesNew WindsorMarylandUnited States
    Unlock111.8100.0
  102.7  Unlock100.0
    Unlock84.2100.0
  133.0  Unlock100.0
    Unlock$388,100$338,100
  108.8  Unlock100.0
    Unlock119.3100.0
  120.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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