Owings Mills (zip 21117), Maryland gets a BestPlaces Cost of Living index of 104.5, which means the total cost of housing, food, child care, transportation, health care, taxes, and other necessities is 4.5 percent higher than the U.S. average and 6.5 percent higher than the average for Maryland.
A typical home costs $355,000, which is 5.0 percent more expensive than the national average of $338,100 and 8.5 percent 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 percent more than the national average of $1,620 and 16.7 percent more than the state average of $1,550.
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.
Our cost of living indices are based on a US average of 100. An amount below 100 means Owings Mills (zip 21117) is cheaper than the US average. A cost of living index above 100 means Owings Mills (zip 21117), Maryland is more expensive.
Owings Mills (zip 21117) cost of living is 104.5