Cost of Living Calculator Zip 21076 (Severn, MD)


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How much do I need to live in Severn, Maryland?
$7,770 / month
for a family, 43.9% more expensive than the national average A total of $93,240 for the year for a family.
$6,133 / month
for a single person, 28.7% more expensive than the national average A total of $73,600 for the year for a single person.

Severn cost of living score
114.7
More expensive
14.7% higher
than the US average
2.6% higher
than the Maryland average
Severn (zip 21076), Maryland gets a BestPlaces Cost of Living score of 114.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.7% higher than the U.S. average and 2.6% lower than the average for Maryland.

Zip 21076 (Severn, MD)

Housing costs in Severn?
A typical home costs $486,100, which is 43.8% more expensive than the national average of $338,100 and 25.3% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Severn costs $2,270 per month, which is 40.1% more than the national average of $1,620 and 31.7% more than the state average of $1,550.

Can I afford Severn?
To live comfortably in Severn (zip 21076), Maryland, a minimum annual income of $93,240 for a family, and $73,600 for a single person is recommended.

What does A.I. say about Severn?
The cost of living in 21076 Severn, MD is relatively affordable. The median home value is approximately $302,000 and the median household income is around $88,400. This indicates that the area has a higher standard of living than many other places in Maryland. In addition, grocery prices are below the national average and taxes are about 4% lower than the national average. Renters can expect to pay an average of $1,450 per month for rent. Overall Severn residents benefit from a lower cost of living while enjoying access to great amenities and local attractions.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSevernMarylandUnited States
    Unlock111.8100.0
  104.7  Unlock100.0
    Unlock84.2100.0
  151.7  Unlock100.0
    Unlock$388,100$338,100
  108.2  Unlock100.0
    Unlock119.3100.0
  127.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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