Zip 21117 (Owings Mills, MD) Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Owings Mills cost of living score
104.5
More expensive
4.5% higher
than the US average
6.5% lower
than the Maryland average
Owings Mills (zip 21117), Maryland gets a BestPlaces Cost of Living score of 104.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.5% higher than the U.S. average and 6.5% higher than the average for Maryland.

Zip 21117 (Owings Mills, MD)

Housing costs in Owings Mills?
A typical home costs $355,000, which is 5.0% more expensive than the national average of $338,100 and 8.5% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Owings Mills costs $1,860 per month, which is 14.8% more than the national average of $1,620 and 16.7% more than the state average of $1,550.

Can I afford Owings Mills?
To live comfortably in Owings Mills (zip 21117), Maryland, a minimum annual income of $68,040 for a family, and $60,000 for a single person is recommended.

What does A.I. say about Owings Mills?
The cost of living in 21117 Owings Mills, MD is quite reasonable compared to other locations in the area. The median home price for homes in Owings Mills is $273,800, which is lower than the Maryland state average. Rent prices are also relatively low with a median rent of $1,691 per month. Groceries and utilities are also reasonably priced, making it an ideal location for anyone looking for affordability without sacrificing city amenities and attractions.
   Cost of living score
     CategoriesOwings MillsMarylandUnited States
  104.5111.8100.0
  101.8105.2100
  85.284.2100.0
  106.8124.1100.0
  $355,000$388,100$338,100
  108.5%105.6%100.0%
  123.0119.3100.0
  120.2112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime