Zip 21144 (Severn, MD) Cost of Living


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How much do I need to live in Severn, Maryland?
$7,110 / month
for a family, 31.7% more expensive than the national average A total of $85,320 for the year for a family.
$4,900 / month
for a single person, 2.8% more expensive than the national average A total of $58,800 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 21144), 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 21144 (Severn, MD)

Housing costs in Severn?
A typical home costs $446,200, which is 32.0% more expensive than the national average of $338,100 and 15.0% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Severn costs $1,820 per month, which is 12.3% more than the national average of $1,620 and 14.8% more than the state average of $1,550.

Can I afford Severn?
To live comfortably in Severn (zip 21144), Maryland, a minimum annual income of $85,320 for a family, and $58,800 for a single person is recommended.

What does A.I. say about Severn?
The cost of living in 21144 Severn, MD is relatively high compared to other parts of the country. The average cost of a home in this zip code is about $303,000, which is well above the national median home value of $226,800. The median rent price for a one-bedroom apartment is also significantly higher than the national median at $1,700 per month. Additionally, groceries and household goods tend to be slightly more expensive due to their proximity to the city of Baltimore. All in all, living costs in Severn are higher than most other areas, so it's important to consider such expenses when budgeting for your new home.
   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
  104.0  Unlock100.0
    Unlock84.2100.0
  147.2  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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