Small Town733 people

Mount Savage, MD

Discover how far your salary goes in Mount Savage. Compare taxes, rent, and living costs.

Cost Index
144
💰 Expensive
Population

733

State Tax

5.8%

1BR Rent

$1,547

/month

vs National

+11%

above avg

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Rent Prices in Mount Savage

🏠

Studio

$1,238

/month

$14,856/year

Most Common
🛏️

1 Bedroom

$1,547

/month

$18,564/year

🏡

2 Bedroom

$2,088

/month

$25,056/year

🏘️

3 Bedroom

$2,707

/month

$32,484/year

Taxes in Maryland

State Income Tax

Maryland

5.8%

For a $100k salary, that's ~$5,750/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Mount Savage, MD?

Mount Savage has a cost of living index of 144, which is 44% above the national average. A 1-bedroom apartment costs around $1,547/month.

What is the state income tax in Maryland?

Maryland has a state income tax rate of approximately 5.8%. This is in addition to federal income tax.

How much is rent in Mount Savage?

The median rent for a 1-bedroom apartment in Mount Savage is $1,547/month. For a 2-bedroom, expect to pay around $2,088/month. This is 11% above the national average.

Is Mount Savage a good place to live?

Mount Savage is a small town with a population of 733. The cost of living is expensive, making it more expensive than average for the US.

See the complete picture for Mount Savage

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