Cost of Living in Caroline County, MD

What does it cost to live in Caroline County? Income, housing, and affordability breakdown.

Median Income

$65,326

Median Rent

$1,074/mo

Median Home

$258,800

Affordability

339

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$1,309
Property Tax$209
Insurance$86

Total Monthly$1,604
% of Income29.5%

Renting

Median Rent$1,074
Renter's Insurance$25

Total Monthly$1,099
% of Income19.7%

Living in Caroline County, Maryland

Caroline County has a median household income of $65,326 with housing costs that represent 29.5% of income for owners and 19.7% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 339 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

Compare Cost of Living Across Counties

Enter two locations and get a side-by-side comparison of housing, taxes, utilities, transportation, and overall affordability with salary adjustment calculations.

Start Free Comparison

Other Counties in Maryland

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.