Cost of Living in Carney, MD

Population 28,624 · Maryland · Data vintage 2023

113
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Most of Carney's cost indicators track within a reasonable band of national figures, with median household incomes near $84,619 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.

Located 9 miles northeast of Baltimore, Carney falls within that metro's commuting orbit. Median home values run roughly 36% higher than Baltimore's $219,000.

Cost Overview

Housing 98
Rent 136

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Carney

The median home value in Carney is $299,200 — 2% below the national median of $305,000. Median rent runs $1,786/month, 36% higher than the national median of $1,314/month. The median household income of $84,619/year is 13% higher than the US median of $74,580. The local unemployment rate is 3.3%, below the national average of 4.8%. Maryland's top state income tax rate is 5.8% and the combined sales tax is 6.0%. Overall, Carney has a cost of living index of 113 versus the US average of 100, meaning it is 13% more expensive.

🏠 Housing

Median Home Value
$299,200
2% below avg
Zillow Home Value
$337,916
Zillow ZHVI
Median Rent
$1,786/mo
36% above avg
Zillow Rent
$1,493/mo
Zillow ZORI
Price-to-Rent Ratio
14.0x
Favors buying
Property Tax Rate
1.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,407
1 BR
$1,604
2 BR
$1,898
3 BR
$2,407
4 BR
$2,822
Owner-occupied 60.5%
Renter-occupied 39.5%

💰 Estimated Monthly Budget

Rent median rent
$1,786
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,400/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
31.2 min
16% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.5%

Commute Mode

Drove alone
78.9%
Carpooled
7.1%
Public transit
0.6%
Walked
0.7%
Work from home
11.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.8%
Total Sales Tax 6.0%
State rate 6.0%
Avg local rate 0.0%
Property Tax 1.1%

💼 Income & Employment

Median Household Income
$84,619
13% above avg
Per Capita Income
$46,645
Unemployment Rate
3.3%
31% below avg
Poverty Rate
9.9%
Labor Force Participation
60.8%

🎓 Education

Bachelor's degree+ 23.7%
Graduate degree 16.5%

👥 Demographics

Median Age 39.7
Male median age 37.9
Female median age 42

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 45 — Good
62.5%
Good air days/yr
205
Max AQI recorded
127
PM2.5 days
231
Ozone days

Frequently Asked Questions

What is the cost of living in Carney, MD?

Carney has a cost index of 113 (100 = national average). It is 13% above the national average.

What is average rent in Carney, MD?

The median gross rent in Carney is $1,786 per month based on 2023 Census data.

What is the average home price in Carney?

The median home value in Carney is $299,200 according to Zillow and Census data.

What is the median income in Carney?

The median household income in Carney is $84,619 per year (2023 ACS 5-year estimates).

What is the sales tax in Carney, MD?

The combined state and local sales tax rate in Carney is 6.0%. The Maryland state income tax top rate is 5.8%.

Is Carney, MD affordable?

Carney is above average in cost of living, with an index of 113 — about 13% higher than the national average.

Carney at a Glance

Population
28,624
Median Income
$84,619
Home Value
$299,200
Median Rent
$1,786/mo
Unemployment
3.3%
Sales Tax
6.0%
View all cities in Maryland →
🗺️ County data for Maryland

Explore county-level cost of living data

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