MD · Rank 10 of 50 affordable
Can teachers afford to live in Maryland?
Yes — manageable.
The average Maryland teacher earns $87,409 per year. A typical 2-bedroom rents for about $1,962/mo, which is 27% of gross monthly pay. The 30% rule is the standard healthy benchmark.
Avg Teacher Salary
$87,409
Cost-of-Living Index
115.4
US avg = 100
Affordability Score
60/100
Renting in Maryland
2BR Rent / mo
$1,962
Annual Rent
$23,542
% of Salary
27%
Left after rent
$5,322/mo
Green zone is under the 30% healthy housing benchmark.
Buying a Home in Maryland
Median Home Price
$484,680
10% Down
$48,468
P&I (7%, 30yr)
$2,902/mo
Full PITI
$3,488/mo
Estimated mortgage payment as a share of average teacher monthly gross pay, including taxes & insurance.
Estimates assume a 10% down payment, 7% 30-year fixed rate, 1.1% property tax, and 0.35% home insurance. Actual rates and prices vary by district and metro area.