Cheapest Places to Live in Maryland

Access hyperlocal data to help you make a confident and informed decision.

Maryland, with its diverse landscapes, historic sites, and vibrant cities, offers a range of living experiences. Landmarks such as the Chesapeake Bay, Fort McHenry, and the U.S. Naval Academy in Annapolis highlight the state's rich history. The state's economy is robust, driven by sectors such as biotechnology, healthcare, and education. Maryland's tax structure includes relatively high income and property taxes, which can impact the overall affordability for residents. Despite recent inflation and rising food costs, Maryland remains one of the more affordable states in the Mid-Atlantic region, especially in its smaller towns and rural areas. The combination of a diverse economy and manageable living costs makes Maryland an attractive place for those seeking affordability and quality of life.

Affordable living in Maryland can often be found in smaller towns and suburban areas where housing costs and everyday expenses are lower. These regions provide a more manageable cost of living, which is essential for maintaining financial stability. Affordability is a key factor in livability, as it allows residents to enjoy a comfortable standard of living without undue financial strain. Factors contributing to the cheapest places to live in Maryland include lower housing demand in less populated areas, supportive local economic policies, and efficient public services. Utilizing C2ER's cost of living data helps to identify these affordable regions, ensuring that potential residents can make informed decisions. In a state known for its rich history and economic opportunities, finding affordable living options enhances the overall living experience.

Cumberland Population: 19,928 21% cheaper than Maryland average

Med. Home Value: $190,460 Med. Rent: $1,051 Med. Household Inc.: $61,327

With a cost of living index that is 21% cheaper than the state average, Cumberland is the cheapest place to live in Maryland. This area offers residents a remarkable blend of relatively low housing costs, budget-friendly grocery prices, affordable utilities, and economical health care services, making it an attractive destination for those seeking to stretch their dollars further. Whether you're a young professional, a growing family, or someone looking to enjoy a more relaxed pace of life, Cumberland provides an inviting and cost-effective environment to call home.

Cresaptown Population: 5,718 18% cheaper than Maryland average

Med. Home Value: $238,845 Med. Rent: $1,127 Med. Household Inc.: $69,291

The second most affordable city in Maryland is Cresaptown and stands out for its cost-effective lifestyle. With an overall cost of living that is 18% cheaper than the Maryland average, overall goods and services, housing, utilities, transportation and health care costs fall within a reasonable range. Median household income levels are steady and come in at , which helps to increase the purchasing power of the local residents.

Cambridge Population: 12,776 18% cheaper than Maryland average

Med. Home Value: $311,403 Med. Rent: $1,266 Med. Household Inc.: $57,553

Cambridge lands in the #3 spot for the cheapest cities to live in Maryland, with a cost of living that is 18% cheaper than the state average. With home prices averaging and rental rates coming in around , it helps that household income levels average about , which assists with paying the mortgage or your monthly rent. Its robust public school system and accessible health care further enhance its appeal, making it a great place to settle down. The strong community spirit and ample recreational opportunities add to its charm.

Frostburg Population: 8,747 17% cheaper than Maryland average

Med. Home Value: $254,009 Med. Rent: $1,098 Med. Household Inc.: $60,580

The cost of everyday grocery items, goods & services and of course housing, can have a significant impact on the overall cost of living in any area. Frostburg offers a picturesque and affordable living environment, with a cost of living that is 17% cheaper than the state average. Everyday items like ground beef , eggs , coffee and pizza are all fairly reasonable compared to most other cities, which helps reduce those grocery bills. Home prices are also fairly affordable (compared to the state average), coming in at around .

Salisbury Population: 33,988 16% cheaper than Maryland average

Med. Home Value: $302,329 Med. Rent: $1,596 Med. Household Inc.: $67,304

For those wanting to live well on a budget, Salisbury is ideal, with a cost of living that is 16% cheaper than the state average. Reasonable housing prices (compared to the Maryland average) of and rental prices of are paired with economical goods and services and a range of free or low-cost recreational activities. The city's proactive economic development initiatives also ensure a steady stream of job opportunities, making it a smart choice for those prioritizing financial ease.

Fruitland Population: 5,402 16% cheaper than Maryland average

Med. Home Value: $289,417 Med. Rent: $1,854 Med. Household Inc.: $77,557

Fruitland comes in at #6 on our list of the cheapest cities in Maryland and is a haven for those seeking affordability without sacrificing convenience. The city is known for its discount shopping centers and budget-friendly dining options and has a cost of living that is 16% cheaper than Maryland. The city's local markets provide fresh produce and other groceries at reduced prices, while parks and community centers offer free entertainment and leisure. This city is perfect for enjoying a high quality of life at a low cost.

Hagerstown Population: 40,940 14% cheaper than Maryland average

Med. Home Value: $285,058 Med. Rent: $1,311 Med. Household Inc.: $62,161

With its cost-effective lifestyle, Hagerstown is an attractive destination for those looking to live affordably. The city boasts suitable housing costs, affordable healthcare, and a variety of budget-friendly dining options. The community is welcoming and vibrant, providing residents with a rich social life at a fraction of the cost. Median income levels come in at , which provides financial stability, purchasing power and increases the quality of life in the city.

Dundalk Population: 65,241 14% cheaper than Maryland average

Med. Home Value: $284,913 Med. Rent: $1,760 Med. Household Inc.: $82,204

A lower cost of living allows individuals to manage their expenses more effectively, reducing the risk of financial stress and debt. When essential costs such as housing, food, transportation, and healthcare are more affordable, people can achieve greater financial stability and resilience. Dundalk fits that mold and has a cost of living that is 14% cheaper than Maryland.

Lansdowne Population: 8,964 14% cheaper than Maryland average

Med. Home Value: $281,254 Med. Rent: $1,798 Med. Household Inc.: $64,209

Lower living costs can lead to a higher quality of life by making it easier for people to afford comfortable housing, nutritious food, and access to healthcare. It can also provide opportunities for better education, recreational activities, and community engagement, contributing to overall well-being. Lansdowne is one of the most affordable cities in Maryland, and has a cost of living that is 14% cheaper than the state average.

Baltimore Population: 621,744 14% cheaper than Maryland average

Med. Home Value: $304,308 Med. Rent: $1,622 Med. Household Inc.: $77,361

With a cost of living that is 14% cheaper than Maryland, Baltimore comes in at #10 on our list of the cheapest places to live in Maryland. Financial stress is a significant factor affecting mental and physical health. By lowering the cost of living, individuals can experience reduced anxiety related to meeting monthly expenses, thereby improving overall health and well-being. The ability to afford basic necessities without constant worry contributes to a more balanced and fulfilling life.

Full list of the cheapest places in Maryland

Rank	Location	Population	COL Index	Med. Home Value	Med. Household Inc.
1	Cumberland	19,928	95	$190,460	$61,327
2	Cresaptown	5,718	99	$238,845	$69,291
3	Cambridge	12,776	99	$311,403	$57,553
4	Frostburg	8,747	100	$254,009	$60,580
5	Salisbury	33,988	101	$302,329	$67,304
6	Fruitland	5,402	101	$289,417	$77,557
7	Hagerstown	40,940	103	$285,058	$62,161
8	Dundalk	65,241	103	$284,913	$82,204
9	Lansdowne	8,964	103	$281,254	$64,209
10	Baltimore	621,744	104	$304,308	$77,361
11	Edgewood	26,016	107	$331,641	$100,318
12	Aberdeen	16,231	107	$354,505	$99,764
13	Halfway	11,181	107	$336,547	$102,627
14	Essex	40,724	107	$351,817	$88,588
15	Elkton	16,222	108	$380,276	$82,170
16	Woodlawn CDP (Prince George's County)	8,071	109	$350,881	$94,379
17	Parkville	31,074	109	$360,345	$101,375
18	Baltimore Highlands	8,178	109	$387,132	$77,944
19	Lexington Park	13,260	110	$339,250	$110,039
20	Riverside	6,092	110	$334,349	$118,675
21	Middle River	30,630	110	$364,335	$97,180
22	Overlea	12,505	110	$370,957	$97,120
23	Lochearn	26,216	110	$384,810	$95,396
24	Chestertown	5,197	111	$467,344	$59,982
25	Hampstead	6,569	111	$443,718	$111,746
26	Brooklyn Park	15,648	111	$385,701	$96,849
27	Rosedale	20,525	111	$401,824	$112,325
28	Milford Mill	31,149	112	$393,194	$96,633
29	Taneytown	6,995	112	$470,870	$99,549
30	Woodlawn	42,611	113	$411,909	$104,162
31	Brunswick	6,559	113	$430,224	$125,203
32	Arbutus	19,966	113	$441,030	$117,945
33	Silver Hill	5,346	113	$358,289	$85,361
34	Westminster	19,096	113	$443,553	$95,153
35	Rossville	16,335	114	$426,102	$116,405
36	Hillcrest Heights	16,890	114	$441,866	$100,785
37	Easton	17,240	114	$497,544	$91,317
38	Ocean City	7,122	115	$519,950	$82,816
39	Reisterstown	28,804	115	$440,066	$106,644
40	Randallstown	36,841	115	$452,738	$120,147
41	Glassmanor	16,877	116	$459,170	$89,616
42	Chesapeake Ranch Estates	9,937	116	$432,949	$145,358
43	Joppatowne	13,217	116	$469,047	$134,268
44	Fountainhead-Orchard Hills	6,113	116	$445,855	$112,071
45	Bel Air	10,411	117	$472,707	$89,558
46	Temple Hills	8,508	117	$463,509	$103,542
47	Landover	23,705	117	$418,383	$87,429
48	Thurmont	7,034	117	$488,037	$123,641
49	Ferndale	18,230	117	$449,102	$108,647
50	Bowleys Quarters	6,614	117	$497,918	$143,958

Methodology

To formulate the list of the cheapest places to live in Maryland, AreaVibes utilized comprehensive data from the Council for Community and Economic Research (C2ER) cost of living index. The report is released annually and offers a detailed comparison of living expenses across various urban areas. The data is meticulously gathered by over 300 independent researchers, ensuring a high level of accuracy and reliability. The C2ER index encompasses more than 60 goods and services, categorized into six essential areas that significantly impact the cost of living. These categories and their respective weightings in the index are as follows: goods and services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%), and utilities (10%).

Map of Cost of Living by State

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The map above is a great way to help you discover the most affordable states across the U.S. By highlighting states with the lowest cost of living, this map provides an in-depth look at where you can get the most value for your money. By visually representing this data, the map allows users to easily compare different regions and make informed decisions about potential relocations or investments. Additionally, it provides valuable insights into the economic conditions and lifestyle factors that influence these cost of living statistics. Whether you're planning a move, considering a new job, or simply curious about the economic landscape, this map is a useful resource for understanding and navigating the financial implications of living in different states.