Zip 20763 (Savage, MD) Cost of Living


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Savage cost of living score
127.9
More expensive
27.9% higher
than the US average
14.4% higher
than the Maryland average
Savage (zip 20763), Maryland gets a BestPlaces Cost of Living score of 127.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.9% higher than the U.S. average and 14.4% lower than the average for Maryland.

Zip 20763 (Savage, MD)

Housing costs in Savage?
A typical home costs $421,900, which is 24.8% more expensive than the national average of $338,100 and 8.7% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Savage costs $1,690 per month, which is 4.3% more than the national average of $1,620 and 8.3% more than the state average of $1,550.

Can I afford Savage?
To live comfortably in Savage (zip 20763), Maryland, a minimum annual income of $81,000 for a family, and $54,800 for a single person is recommended.

What does A.I. say about Savage?
Savage, MD 20763 is a great place to live with its affordable cost of living. The median home price in this area is $374,500, which is lower than Maryland’s state average. Renters can expect to pay an average of $1,569 a month for a two-bedroom apartment. Utilities are reasonably priced and transportation options are available. In addition, groceries and other necessities are fairly priced compared to the surrounding area. All of these factors make Savage, MD 20763 attractive for those looking for an affordable place to live.
   Cost of living score
     CategoriesSavageMarylandUnited States
  127.9111.8100.0
  102.9105.2100
  86.584.2100.0
  135.5124.1100.0
  $421,900$388,100$338,100
  108.5%105.6%100.0%
  109.1119.3100.0
  151.7112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime