Zip 20623 (Rosaryville, MD) Cost of Living


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How much do I need to live in Rosaryville, Maryland?
$7,020 / month
for a family, 30.0% more expensive than the national average A total of $84,240 for the year for a family.
$6,100 / month
for a single person, 28.0% more expensive than the national average A total of $73,200 for the year for a single person.

Rosaryville cost of living score
120.8
More expensive
20.8% higher
than the US average
8.1% higher
than the Maryland average
Rosaryville (zip 20623), Maryland gets a BestPlaces Cost of Living score of 120.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.8% higher than the U.S. average and 8.1% lower than the average for Maryland.

Zip 20623 (Rosaryville, MD)

Housing costs in Rosaryville?
A typical home costs $439,000, which is 29.8% more expensive than the national average of $338,100 and 13.1% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Rosaryville costs $2,080 per month, which is 28.4% more than the national average of $1,620 and 12.5% more than the state average of $1,820.

Can I afford Rosaryville?
To live comfortably in Rosaryville (zip 20623), Maryland, a minimum annual income of $84,240 for a family, and $73,200 for a single person is recommended.

What does A.I. say about Rosaryville?
The cost of living in 20623 Rosaryville, MD is slightly higher than the national average due to its proximity to Washington D.C., and other major metropolitan areas. On average, housing costs in the area are more expensive than the U.S. average, with a median home value of around $440,000. Additionally, transportation costs such as gas prices and tolls can be more expensive due to the increased traffic associated with a larger population center. However, grocery prices are generally competitive with many places nationally and there is no shortage of restaurants offering a variety of cuisines at reasonable prices. Overall, Rosaryville offers residents an affordable standard of living despite its higher than average cost of living.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRosaryvilleMarylandUnited States
    Unlock111.8100.0
  109.1  Unlock100.0
    Unlock84.2100.0
  153.5  Unlock100.0
    Unlock$388,100$338,100
  109.7  Unlock100.0
    Unlock119.3100.0
  117.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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