Zip 21663 (Saint Michaels, MD) Cost of Living


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Saint Michaels cost of living score
105.9
More expensive
5.9% higher
than the US average
5.3% lower
than the Maryland average
Saint Michaels (zip 21663), Maryland gets a BestPlaces Cost of Living score of 105.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.9% higher than the U.S. average and 5.3% higher than the average for Maryland.

Zip 21663 (Saint Michaels, MD)

Housing costs in Saint Michaels?
A typical home costs $579,800, which is 71.5% more expensive than the national average of $338,100 and 49.4% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Saint Michaels costs $1,700 per month, which is 4.9% more than the national average of $1,620 and 29.4% more than the state average of $1,200.

Can I afford Saint Michaels?
To live comfortably in Saint Michaels (zip 21663), Maryland, a minimum annual income of $111,240 for a family, and $60,400 for a single person is recommended.

What does A.I. say about Saint Michaels?
The cost of living in 21663 Saint Michaels, MD is relatively high compared to other areas of the country. The median household income is $69,595 which is nearly 40% higher than the national average. Home prices are also higher than the national average, with median home prices ranging from $338,900 to $541,500 depending on the area. Utilities and transportation costs are comparable to those found elsewhere in the country, though there may be some regional variations. Overall, the cost of living in 21663 Saint Michaels, MD is considered high when compared against other areas of the country.
   Cost of living score
     CategoriesSaint MichaelsMarylandUnited States
  105.9111.8100.0
  105.9105.2100
  82.384.2100.0
  173.3124.1100.0
  $579,800$388,100$338,100
  109.0%105.6%100.0%
  87.6119.3100.0
  109.2112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime