Zip 21770 (Monrovia, MD) Cost of Living


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How much do I need to live in Monrovia, Maryland?
$9,660 / month
for a family, 78.9% more expensive than the national average A total of $115,920 for the year for a family.
$5,467 / month
for a single person, 14.7% more expensive than the national average A total of $65,600 for the year for a single person.

Monrovia cost of living score
113.7
More expensive
13.7% higher
than the US average
1.7% higher
than the Maryland average
Monrovia (zip 21770), 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 21770 (Monrovia, MD)

Housing costs in Monrovia?
A typical home costs $604,400, which is 78.8% more expensive than the national average of $338,100 and 55.7% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Monrovia costs $1,870 per month, which is 15.4% more than the national average of $1,620 and 2.7% more than the state average of $1,820.

Can I afford Monrovia?
To live comfortably in Monrovia (zip 21770), Maryland, a minimum annual income of $115,920 for a family, and $65,600 for a single person is recommended.

What does A.I. say about Monrovia?
The cost of living in 21770 Monrovia, MD is quite reasonable compared to other parts of the country. The median home cost is $326,000, which is slightly lower than the US average of $331,400. Additionally, the cost of groceries and health care are both lower than the national average. Renters can find a 1 bedroom apartment for around $1,117/month or a 2 bedroom for around $1315/month. Utility costs are in line with national averages and transportation costs are slightly higher than the US average. All in all, Monrovia provides a relatively affordable place to live with plenty of opportunities for work and leisure activities.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMonroviaMarylandUnited States
    Unlock111.8100.0
  110.5  Unlock100.0
    Unlock84.2100.0
  179.9  Unlock100.0
    Unlock$388,100$338,100
  94.8  Unlock100.0
    Unlock119.3100.0
  126.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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