Zip 20690 (Tall Timbers, MD) Cost of Living


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How much do I need to live in Tall Timbers, Maryland?
$7,590 / month
for a family, 40.6% more expensive than the national average A total of $91,080 for the year for a family.
$4,133 / month
for a single person, 13.3% less expensive than the national average A total of $49,600 for the year for a single person.

Tall Timbers cost of living score
107
More expensive
7.0% higher
than the US average
4.3% lower
than the Maryland average
Tall Timbers (zip 20690), Maryland gets a BestPlaces Cost of Living score of 107, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.0% higher than the U.S. average and 4.3% higher than the average for Maryland.

Zip 20690 (Tall Timbers, MD)

Housing costs in Tall Timbers?
A typical home costs $475,600, which is 40.7% more expensive than the national average of $338,100 and 22.5% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Tall Timbers costs $1,500 per month, which is 7.4% cheaper than the national average of $1,620 and 6.7% cheaper than the state average of $1,600.

Can I afford Tall Timbers?
To live comfortably in Tall Timbers (zip 20690), Maryland, a minimum annual income of $91,080 for a family, and $49,600 for a single person is recommended.

What does A.I. say about Tall Timbers?
The cost of living in 20690 Tall Timbers, MD, is quite reasonable compared to many other areas in the state. Rent for a one-bedroom apartment averages around $1,200 a month, while the median home value sits at just over $265,000. Utilities average about $150 a month and groceries are reasonably priced. While there is no public transit available, transportation costs should remain relatively low for those who own a car or bike. Additionally, there are plenty of free activities such as hiking trails and parks that can help keep entertainment costs down. Overall, Tall Timbers is an affordable place to live with amenities that make it an ideal location for both single individuals and families alike.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesTall TimbersMarylandUnited States
    Unlock111.8100.0
  107.6  Unlock100.0
    Unlock84.2100.0
  146.5  Unlock100.0
    Unlock$388,100$338,100
  108.2  Unlock100.0
    Unlock119.3100.0
  100.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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