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Cost of Living in ZIP 21239

Is it better to rent or buy in ZIP 21239? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$76,901
$1,526/mo

Median in area: $1,526

$245,982

Median in area: $245,982

$49,196

If you Rent

$1,731 /mo
Base Rent$1,526
Est. Utilities$205
% of Income27.0%
Pre-tax Residual$4,677

If you Buy

$1,881 /mo
P&I (7.018%)$1,312
Taxes & Ins$364
Est. Utilities$205
% of Income29.3%
Pre-tax Residual$4,528

Compare Nearby Areas

See how ZIP 21239 stacks up against neighboring areas.

Cost of Living FAQs

Is it cheaper to rent or buy in ZIP 21239?

Based on median housing data, renting is currently more affordable on a monthly basis in ZIP 21239. The estimated all-in monthly cost for renting is $1,731, while owning a median-priced home with a 20% down payment is roughly $1,881 per month (a difference of $150).

How much do utilities cost in ZIP 21239?

The average monthly utility cost (electricity and natural gas) for a typical home in ZIP 21239 is approximately $205. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in ZIP 21239?

To comfortably afford the median rent and utilities in ZIP 21239 without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $69,240 per year.