Cost of Living in Perry hall, MD
Perry hall cost of living index: 112.6 (above the US average). Median home price: $539,990.
Updated 2026 • Based on 1 local zip code
📍 Some data sourced from nearby metro area
12% above the national average
Housing
Data from 1 zip code
Housing costs in Perry hall, MD based on real market data from 1 local zip code.
Considering a move to Perry hall, MD? With a housing index of 100.5, the property market appears moderately priced. The median home price stands at 539990.0, making home ownership a possibility for many families. Meanwhile, renting is also an option, with average rents for a 2BR apartment at 2250.0 and a 2BR house costing around . Research indicates that high demand can lead to fluctuating costs, so it's wise to factor in long-term market forecasts and lifestyle preferences before deciding.
Last updated: January 2026
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Living in Perry hall, MD could entail variable utility costs. Electricity costs sit at $17.41, while natural gas is priced at $18.44 per Thousand Cubic Feet. Expect to budget about $106.1 monthly for other services like water and garbage.
Cost Breakdown by Category
Local Income & Economy in Perry hall, MD
How far does your money go in Perry hall? Understanding the relationship between income and cost of living is key to evaluating affordability.
How We Calculate Adjusted Purchasing Power in Perry hall
The adjusted purchasing power shows what a Perry hall, MD household income is actually worth after accounting for local prices. We calculate it using the formula: Purchasing Power = Median Income ÷ Cost of Living Index × 100
For Perry hall, that's $103,061 ÷ 112.6 × 100 = $91,528. This means a household earning the median income in Perry hall has the equivalent buying power of $91,528 in a city where the cost of living index equals the national baseline of 100.
Perry hall's cost of living index of 112.6 is moderately above the US average, meaning residents pay 12% more for typical goods and services. However, with a median household income of $103,061, many families find Perry hall affordable relative to other cities in MD. The adjusted purchasing power of $91,528 reflects a slight reduction in buying power, but strong local job markets and quality of life often offset the higher expenses.
The local unemployment rate of 3.2% is below the national average, indicating a strong job market in Perry hall, MD. Combined with a median income of $103,061, this suggests good earning potential that helps offset the above-average cost of living.
💡 Purchasing power is calculated by dividing the local median household income by the cost of living index and multiplying by 100. A result higher than the nominal income means your money goes further; a lower result means local prices erode your earnings. The US baseline cost of living index is 100.
Pros & Cons of Living in Perry hall
Pros
- • Friendly community vibe
- • Low crime rates reported
- • Parks and playgrounds available
- • Accessible public transport options
- • Variety of shopping options
- • Diverse community demographics
- • Close to Baltimore nightlife
- • Strong local job market
- • Family-oriented activities nearby
- • Good schools in the area
Cons
- • Fewer dining options available
- • Limited outdoor adventure spots
- • Lack of major cultural events
- • Political divide among residents
- • Limited nightlife for younger crowd
- • Not much public art presence
- • Occasional reports of racism
- • Need for more youth programs
- • Some areas facing traffic issues
- • High housing costs in suburb
💡City Insights
Perry hall scores 6/10 for affordability, 5/10 for safety, and 5/10 for family-friendliness — an good overall profile.
Frequently Asked Questions
What is the cost of living in Perry hall, MD? ▼
The cost of living in Perry hall, MD is 13% higher than the national average, with a cost of living index of 113 (where 100 represents the U.S. average). Housing typically accounts for the largest portion of living expenses. See full cost of living breakdown →
How much does it cost to buy or rent a home in Perry hall, MD? ▼
In Perry hall, MD, The median home price is $539,990. requiring approximately $158,569 annual income to afford. Average rent is $2,250/month (requiring ~$90,000/year income). The local median household income is $103,061, making homeownership challenging for typical residents. Explore Perry hall real estate data →
Is Perry hall, MD a safe place to live? ▼
Perry hall, MD is average in terms of safety, with crime rates near the national average. Safety varies significantly by neighborhood. View detailed Perry hall crime statistics →
What salary do you need to live comfortably in Perry hall, MD? ▼
To live comfortably in Perry hall, MD and afford a median-priced home of $539,990, you would typically need a household income of $134,998 to $168,747 per year. The local median household income is $103,061. Renting requires approximately $90,000/year (at $2,250/month). See full affordability analysis →
What are the best neighborhoods in Perry hall, MD? ▼
The best neighborhoods in Perry hall, MD depend on your priorities. For families, look for areas near top-rated schools with lower crime rates. For affordability, neighborhoods farther from the city center tend to offer more affordable options.
How are the taxes in Perry hall, MD? ▼
Tax rates in Perry hall, MD include state and local components. The cost of living index of 113 indicates a higher cost environment compared to the national average. View detailed Perry hall tax information →
How does Perry hall, MD compare to nearby cities? ▼
Perry hall, MD offers comparable costs to nearby communities. With a cost of living index of 113, median home prices of $539,990, and a crime rate of 0 per 1,000 residents, you can compare these metrics side-by-side. Use the compare feature to evaluate specific cities.
What is the weather like in Perry hall, MD? ▼
Weather in Perry hall, MD varies by season. Climate data varies by season. View detailed Perry hall climate & environment data →
What factors affect cost of living in Perry hall, MD? ▼
The main factors affecting cost of living in Perry hall, MD include housing costs (the biggest factor), utilities, groceries, transportation, and healthcare. Local taxes and the overall economic conditions also play a role.
Housing Costs by Zip Code
Detailed housing data across 1 zip code in Perry hall, MD.
| Zip Code | Median Home Price | Avg Rent | 2BR Rent | For Sale | For Rent |
|---|---|---|---|---|---|
| 21128 | $539,990 | $2,669/mo | $2,250/mo | 83 | 9 |
Explore More About Perry hall, MD
📅 Last Updated: January 2026
Sources: U.S. Census Bureau (ACS), Bureau of Labor Statistics, Council for Community and Economic Research (C2ER), Zillow, Redfin