Zip 21704 (Urbana, MD) Cost of Living


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How much do I need to live in Urbana, Maryland?
$9,600 / month
for a family, 77.8% more expensive than the national average A total of $115,200 for the year for a family.
$6,800 / month
for a single person, 42.6% more expensive than the national average A total of $81,600 for the year for a single person.

Urbana cost of living score
113.7
More expensive
13.7% higher
than the US average
1.7% higher
than the Maryland average
Urbana (zip 21704), Maryland gets a BestPlaces Cost of Living score of 113.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.7% higher than the U.S. average and 1.7% lower than the average for Maryland.

Zip 21704 (Urbana, MD)

Housing costs in Urbana?
A typical home costs $601,700, which is 78.0% more expensive than the national average of $338,100 and 55.0% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Urbana costs $2,330 per month, which is 43.8% more than the national average of $1,620 and 21.9% more than the state average of $1,820.

Can I afford Urbana?
To live comfortably in Urbana (zip 21704), Maryland, a minimum annual income of $115,200 for a family, and $81,600 for a single person is recommended.

What does A.I. say about Urbana?
The cost of living in Urbana, MD (zip code 21704) is slightly higher than the national average. For example, the median home cost is around $416,600, which is over twice the national median of $196,500. Additionally, transportation expenses tend to be a bit more expensive due to limited public transportation options. Groceries and healthcare are on par with the national averages. However certain amenities such as restaurants may be more expensive than other parts of the country due to higher demand. All in all, it's important for residents to understand their budget when considering living in Urbana, MD (zip code 21704).
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesUrbanaMarylandUnited States
    Unlock111.8100.0
  111.0  Unlock100.0
    Unlock84.2100.0
  178.8  Unlock100.0
    Unlock$388,100$338,100
  97.3  Unlock100.0
    Unlock119.3100.0
  126.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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