Cost of Living in Severn, MD
Population 58,041 · Maryland · Data vintage 2023
(100 = US avg)
Most of Severn's cost indicators track within a reasonable band of national figures, with median household incomes near $130,627 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.
Geographically, Severn sits roughly 10 miles east of Columbia. Housing prices track closely with Columbia's $480,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Severn
The median home value in Severn is $465,600 — 53% above the national median of $305,000. Median rent runs $2,082/month, 58% higher than the national median of $1,314/month. The median household income of $130,627/year is 75% higher than the US median of $74,580. The local unemployment rate is 5.1%, above 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, Severn has a cost of living index of 155 versus the US average of 100, meaning it is 55% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Severn, MD?
Severn has a cost index of 155 (100 = national average). It is 55% above the national average.
What is average rent in Severn, MD?
The median gross rent in Severn is $2,082 per month based on 2023 Census data.
What is the average home price in Severn?
The median home value in Severn is $465,600 according to Zillow and Census data.
What is the median income in Severn?
The median household income in Severn is $130,627 per year (2023 ACS 5-year estimates).
What is the sales tax in Severn, MD?
The combined state and local sales tax rate in Severn is 6.0%. The Maryland state income tax top rate is 5.8%.
Is Severn, MD affordable?
Severn is above average in cost of living, with an index of 155 — about 55% higher than the national average.
Severn at a Glance
- Population
- 58,041
- Median Income
- $130,627
- Home Value
- $465,600
- Median Rent
- $2,082/mo
- Unemployment
- 5.1%
- Sales Tax
- 6.0%
Explore county-level cost of living data
Maryland Rankings
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