Cost of Living in Friendsville, MD

With a cost of living index of 67, Friendsville, MD is one of the most affordable cities in the country. Living here is 33% cheaper than the national average and 52% below the Maryland state average of 119. Friendsville is a small community of 379 residents.

Housing costs are the biggest factor in Friendsville's cost of living. The median monthly rent is $625 (53% below the US median of $1,319), and the median home value sits at $145,800 (52% below the national median of $304,900). At current prices, the median home costs roughly 3.3x the median household income — a moderately affordable ratio by today's standards.

The median household income in Friendsville is $44,514, which is 41% 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. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Friendsville. The area sees an average annual temperature of 53.8°F, with summers averaging 72°F and winters around 34°F. Annual rainfall totals 43.2 inches spread over roughly 155 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.