Cost of Living in Betterton, MD

With a cost of living index of 87, Betterton, MD is a very affordable place to live. Living here is 13% cheaper than the national average and 32% below the Maryland state average of 119. Betterton is a small community of 358 residents.

Housing costs are the biggest factor in Betterton's cost of living. The median monthly rent is $1,063 (19% below the US median of $1,319), and the median home value sits at $219,000 (28% below the national median of $304,900). At current prices, the median home costs roughly 2.9x the median household income — well within traditional affordability guidelines.

The median household income in Betterton is $74,375, which is 1% lower than the national median of $75,149. Residents spend roughly 17% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Betterton. The area sees an average annual temperature of 55.2°F, with summers averaging 75°F and winters around 36°F. Annual rainfall totals 47.1 inches spread over roughly 0 days.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.