Is Maryland Getting Too Expensive?

Here Are Some Cheaper States To Move Out!

Maryland is a state widely known for its magnificent cities, historical sites, and mind-blowing landscapes. This is a place that many desire to live in! Sadly, the cost of living in this state has been rising in recent years. This is why, in this article, we have brought together some of the finest alternatives for Maryland that are not only affordable but also offer you a great standard of life.

Is Maryland Really Getting Expensive?

While Maryland is undoubtedly a great place to live in, you can’t deny the fact that this state is a bit expensive to live in. The cost of living here is 22% higher compared to the national average, while housing costs are also 54% higher. Even utility costs are 8% higher in this state compared to the national average. This is why a high number of people are considering moving from this state to the affordable ones.

Here are Some Cheaper Alternatives to Maryland!

Florida

The most delightful thing about Florida is its warm and sunny climate. It has some top-of-the-class beaches that not only amaze you with their beauty but also offer a wide range of recreational activities. From swimming over the water to enjoying the leisure of fishing or boating, you can enjoy the place in many ways!

In addition to that, Florida offers you top-class amenities and services. It’s tough to complain about the amazing hotels, restaurants, and shops that the state offers. A good transportation system makes Florida even more fun and attractive to live in.

The cost of living is affordable here, and the state is 8.1% cheaper compared to Maryland. The median home value in Florida is only $232,000. Even though the home prices vary largely between large metropolitan areas vs. small towns in Florida, most of the residents get the homes they want. 

If you are looking for some good work opportunities, then again Florida is a perfect place to move. The unemployment rate here was only 2.5% at the end of 2022, compared to the national rate of 3.4%

Delaware

Thanks to the amazing beauty, affordable housing, and low taxes, Delaware is considered one of the finest places to live. The top-class healthcare and education system makes this place even more family-friendly.

Delaware offers you an excellent quality of life too. The state has beautiful family-friendly beaches. You can enjoy many art galleries, museums, historic estate tours, and other sophisticated cultural offerings here. If you are more into outdoor experiences, you can enjoy kayaking, hiking, and many water activities here.

Compared to Maryland, Delaware is 9.4% cheaper. The average home value is $374,808. 

It just does not end there! Delaware is among the only five states in the United States that do not have any sales tax. It also has one of the lowest real estate taxes. The property tax rate and income tax rates are also lower compared to most other states.

North Carolina

North Carolina is one of the most affordable states on our list. This state is 11.6% cheaper than Maryland! Nevertheless, it offers a great quality of life. 

North Carolina has a powerful economy, with its major industries ranging from agriculture to finance to technology. Thanks to the diverse economy and a wide range of job opportunities, it is an excellent place to move for job seekers and entrepreneurs.

Not only does North Carolina have some of the most magnificent hospitals and medical centers, but it also has excellent healthcare programs and facilities. The state is home to some of the most prestigious colleges and universities as well.

This state is a safe place to live in with excellent weather. It is home to several national parks, waterfalls, and forests, including the Cape Hatteras National Seashore, the Uwharrie National Forest, and many more. You can enjoy different outdoor recreations here, including fishing, camping, hiking, boating, and hiking.

Wisconsin

From excellent career opportunities and dependable health care to exciting outdoor recreation – Wisconsin amazes you with the utmost excellence! The best part is – it all comes quite affordable!

The state boasts 15,000 lakes, 13 state forests, 76 wildlife areas, and 47 state parks. All these make the state an attractive destination to outdoor enthusiasts from all around the United States. 

Wisconsin is 12.7% cheaper than Maryland, and the housing costs in this state are below the national average. Commuting time is shorter, and the violent crime rate in this state is lower than the national average.

Wisconsin has a wide diversity to offer its residents. Looking for some excellent job opportunities? Head to the Southeast states like Madison, Milwaukee, and Racine, where job opportunities are abundant. Prefer quiet communities? Lake Como has some outstanding housing facilities to offer.

West Virginia

Do you love to hike, bike, climb mountains, or have good food? If the answer to any of them is positive, moving to West Virginia should be a good idea for you. Brownie points to the climate – since West Virginia lets you enjoy all four seasons and an autumn that is especially remarkable. And yeah, West Virginia knows how to party!

West Virginia has great work opportunities as well, which makes it an even wiser destination to go for. The state is safe too, as the crime rate here is 9% lower compared to the national average. 

The best part – all these come to you at an extremely affordable cost. This state is 16.4% cheaper than Maryland! The housing cost is much more affordable if you compare it to the U.S. average.

The states we have discussed here not only save you money but also offer you a great quality of life. We suggest you compare the offerings of the states to your personal needs and preferences, and you’ll be able to find the finest alternative in no time!