Zip 21849 (Parsonsburg, MD) Cost of Living


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How much do I need to live in Parsonsburg, Maryland?
$3,930 / month
for a family, 27.2% less expensive than the national average A total of $47,160 for the year for a family.
$2,533 / month
for a single person, 46.9% less expensive than the national average A total of $30,400 for the year for a single person.

Parsonsburg cost of living score
83.7
Less expensive
16.3% lower
than the US average
25.1% lower
than the Maryland average
Parsonsburg (zip 21849), Maryland gets a BestPlaces Cost of Living score of 83.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.3% lower than the U.S. average and 25.1% lower than the average for Maryland.

Zip 21849 (Parsonsburg, MD)

Housing costs in Parsonsburg?
A typical home costs $245,300, which is 27.4% less expensive than the national average of $338,100 and 36.8% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Parsonsburg costs $1,000 per month, which is 38.3% cheaper than the national average of $1,620 and 9.0% cheaper than the state average of $1,090.

Can I afford Parsonsburg?
To live comfortably in Parsonsburg (zip 21849), Maryland, a minimum annual income of $47,160 for a family, and $30,400 for a single person is recommended.

What does A.I. say about Parsonsburg?
The cost of living in 21849 Parsonsburg, MD is relatively low compared to the national average. Everyday expenses such as groceries, fuel, and medical costs are slightly below the national average. Housing is also reasonably priced in this area, making it a great location for families looking to save money while still enjoying all the amenities and luxuries of suburban life. Property taxes are also generally lower than other areas in Maryland, providing residents with additional savings each month. Overall, 21849 Parsonsburg is an excellent place to enjoy a budget-friendly lifestyle without sacrificing quality of life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesParsonsburgMarylandUnited States
    Unlock111.8100.0
  104.8  Unlock100.0
    Unlock84.2100.0
  71.4  Unlock100.0
    Unlock$388,100$338,100
  106.1  Unlock100.0
    Unlock119.3100.0
  90.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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