Cost of Living in Bowling Green, MD

With a cost of living index of 72, Bowling Green, MD is one of the most affordable cities in the country. Living here is 28% cheaper than the national average and 47% below the Maryland state average of 119. Bowling Green is a small community of 1,096 residents.

Housing costs are the biggest factor in Bowling Green's cost of living. The median monthly rent is $852 (35% below the US median of $1,319), and the median home value sits at $123,600 (59% below the national median of $304,900). At current prices, the median home costs roughly 1.7x the median household income — well within traditional affordability guidelines.

The median household income in Bowling Green is $71,875, which is 4% lower than the national median of $75,149. Residents spend roughly 14% 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 Bowling Green. The area sees an average annual temperature of 54.1°F, with summers averaging 74°F and winters around 34°F. Annual rainfall totals 39 inches spread over roughly 121 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.