What’s the cost of living in Maryland? How much does it cost families to live in Maryland, a state in the Mid-Atlantic region of the United States? Are you willing to know the answers to these questions? Do you want to know the average cost of living in Maryland – America in Miniature?

If yes then your search ends here. Here’s is how much you need to earn for comfortable living in this beautiful US state. See the details for Maryland’s cost of living below including prices for food, housing, transport, rental costs, market, and the actual cost of living in Maryland.

Living in Maryland – How much does it will cost you to live in this state?

If you are worried about the cost of living in Maryland while planning to relocate to this beautiful Indian state then you must read this article till the end. You will have a great insight into the average cost of living in the Old State Line.

Maryland is one of the most expensive states to live in the United States of America. Also known as America in Miniature or Little America, this beautiful US state has a pricy home market. Rent prices in this state are above the US average.

If we talk about the statewide cost of grocery, utilities, and transportation then they are also not better. Despite the higher cost of living, Maryland is one of the most preferred places to live in the US. Its beautiful landscapes, charm, infrastructure facilities, and of course some of the best seafood in the country attracts people to live in. If you need some help in managing the high cost of living in Maryland then don’t be hesitate to get in touch with a financial advisor. It won’t hurt you anymore.

As you know very well that Maryland is one of the most expensive states in the United States. It has the sixth overall cost of living compared to all other states in the country. Goods and services in the state will cost more than the national average. The most expensive area to live in Maryland is the Baltimore-Columbia-Towson metro area.

Factors that influence the cost of living in Maryland

There are many factors that affect the cost of living in Maryland, the US. Major factors are housing, utilities, transportation, taxes, education, healthcare, food & grocery, childcare, etc. The biggest factor that affects the cost of living in the Old Line State is “HOUSING”.

Housing costs in Maryland

Housing is the biggest factor in the cost of living in Maryland. The average home value in Maryland is also higher than the US national average.

The median home value in the state is $339,432. Since this is the figure for statewide median home value, the median home value can vary depending on the city you live or want to live in Maryland.

For example, the median home value in Rockville is $614,535 while in Baltimore, the median home value is $169,550. You can see here a big difference.


According to, the median market rent in Maryland is $1,881 / per month. 65.2% of residents in Maryland are homeowners, and 34.8% are renters, while 10.1% are vacant homes.

From studios to 3 bedroom apartments, rents in the state of Maryland are higher than the average rent in the United States.

According to another source, the median rent for a studio apartment in Maryland is $1119 while the national average is $831. It means it is $288 above the US average. In the case of one bedroom apartments, the median rent is $1561 while the US average is $1256.

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It means it is $305 above the national median. If you need to get a two-bedroom apartment on rent, the average rent will be around $1531 which is $333 higher than the US average rent.

Transportation costs in Maryland

Transportation is one of the main factors of the cost of living in Maryland, the USA. Your preferred mode of transportation in the state will significantly impact the total transportation cost. According to a source, more than 82% of commuters drive to work.

If you prefer driving then the gas price will significantly influence the total transportation costs. As of December 2020, the average cost of a gallon of regular gas in Maryland is $2.341. If you prefer mid-grade as then it will cost you $2.776. Premium gas will cost you $3.015 per gallon.

On the other hand, if you prefer public transport in Maryland then it will depend on fares determined by the Maryland Department of Transportation. One of the best and most preferred ways to commuting within the state is getting a monthly pass.

A 31-day monthly pass will cost you $74.00. If you want a monthly Express BusLink / 31-Day Express Pass then it will cost you $93.00.

If you don’t prefer a monthly pass for commuting in Maryland then you can also go with one day or weekly (7 days) pass. Day Pass / 1-Day Pass will cost you $4.40 and weekly / 7-day pass will cost you $21.00. Students can avail “All Access College Transit Pass” at the price of $55.00.

Chart of Regular Transport Fares in Maryland

Fares & PassesFull FareSenior/DisabilityStudentMobility
Day Pass / 1-Day Pass4.402.20
Weekly / 7-Day Pass21.00
Monthly / 31-Day Pass74.0022.00
Monthly Express BusLink / 31-Day Express Pass93.00
Express BusLink Upcharge.60.60.60
All Access College Transit Pass55.00
Mobility 20-Trip Book42.00

Car insurance costs in Maryland

Car insurance cost is also a significant factor that directly influences the total transportation cost. Hence, the cost of living in Maryland will be also affected by this.

Car insurance premiums will depend upon various factors.  Premium rates will vary depending on where the car owners or drivers live. Rates will also vary depending upon what insurance service provider they choose to get coverage from.

Maryland residents pay an average annual premium of $1,546 for car insurance coverage.

Cost of utilities in Maryland


The amount of money you pay as monthly bills for utilities is a significant component of the cost of living in Maryland. If utility costs are not included in home your rent then you will have to pay the bills yourself each month.

You might be interested in knowing the average monthly utility bill in Maryland. The average monthly utility bill cost in Maryland is $131.16, as per 2017 data from the U.S. Energy Information Administration (EIA).

On the other hand, the U.S. national average monthly utility bill cost is $111.67. It means the average monthly utility bill in Maryland is higher than the national average monthly utility bill.

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Food costs in Maryland


Food is one of the major components of the total cost of living in Maryland. It is an everyday expense that significantly impacts the overall cost of living.

The cost of food in Maryland varies depending upon the area or city people want to live in. There can be different food costs in Baltimore and Rockville.

You can understand the expenditures spent on food in Maryland through the below-given chart.

Health Care Costs in Maryland


One of the significant cost of living affecting factors in Maryland is health care cost. The cost of healthcare in Maryland includes the total amount of money you spend in any medical emergencies or paying insurance premiums for healthcare facilities.

The healthcare cost in Maryland varies from place to place. The average annual cost of healthcare in Maryland is $3,549 for a single adult, $10,777 for a family of four persons, $7,091 for a couple, $8,938 for a family of three persons, and $12,617 for a family of five persons.

The data clearly shows that the average cost of healthcare in Maryland is cheaper than the national average.


Taxes in Maryland


Maryland, America in Miniature, is known for having a progressive income tax system. There are different income tax rates at the state level and county level in Maryland. See the chart below for a clear understanding.

TaxesState LevelsCounty Levels
Income Tax Rates2 to 5.75%1.75% to 3.20%.
Sales Tax Rate6%
Property Tax Rates0.64% to 1.65%

Points to be noted:

  • Property tax in Maryland is below the national average.
  • The average property tax rate in Maryland is 1.10%.
  • The average adult working in Maryland pays $7,992 annually in taxes, above the national average.

Education Costs in Maryland

Education is one of the most important components of the cost of living. The education costs in Maryland will vary depending upon various factors. Key factors can be the type of school/university and facilities provided by the school.

In the state of Maryland, you may have to pay $8,651 as a tuition fee alone. If you also include transport, books, meals, and lodging in the cost of education then the total cost will go higher. You can expect for paying around $23,183.

Miscellaneous Cost

There can be many other expenses that you may have to bear when living in Maryland. Holiday, entertainment, childcare, public services, etc. Holiday cost can significantly add a high amount to the total budget of living. How frequently you plan holidays will also affect the cost of living in the state.


If you are planning to move to Maryland then you must know the cost of living. This guide is prepared for providing you the helpful insight and an overall idea about the cost of living in Maryland.

By knowing the approximate cost of living, you can be mentally prepared for living there. If your budget does not suit then you can also look for other options or any affordable area to live in the state of Maryland.

A professional property management company in Maryland can help you choose the right and perfect house for rent as per your budget and requirements.

Frequently Asked Questions – Cost of Living in Maryland