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Cost of Living in Anne Arundel County

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

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Rent vs. Buy Affordability Calculator

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

$131,352
$2,115/mo

Median in area: $2,115

$499,379

Median in area: $499,379

$99,876

If you Rent

🔑
$2,307 /mo
Base Rent$2,115
Est. Utilities$192
% of Income21.1%
Pre-tax Residual$8,639

If you Buy

🏠
$3,298 /mo
P&I (6.937%)$2,641
Taxes & Ins$465
Est. Utilities$192
% of Income30.1%
Pre-tax Residual$7,648

Compare Nearby Areas

See how Anne Arundel County stacks up against neighboring areas.

countyHoward County, MD
$2,240/mo
countyBaltimore County, MD
$1,679/mo
countyCalvert County, MD
$1,834/mo
countyQueen Anne's County, MD
$1,649/mo
countyPrince George's County, MD
$2,002/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Anne Arundel County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Anne Arundel County. The estimated all-in monthly cost for renting is $2,307, while owning a median-priced home with a 20% down payment is roughly $3,298 per month (a difference of $991).

How much do utilities cost in Anne Arundel County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Anne Arundel County is approximately $192. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Anne Arundel County?›

To comfortably afford the median rent and utilities in Anne Arundel County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $92,280 per year.