The True Cost Of Living In Fallston, Maryland

The Cost of Living in Fallston, Maryland

Fallston is a charming community in Harford County, Maryland. Located about 25 miles northeast of Baltimore, this suburban area offers a mix of spacious homes, excellent schools, and a peaceful atmosphere. Many people move to Fallston for its close-knit feel while still enjoying easy access to larger cities. Whether you're looking to buy a home, rent a property, or determine day-to-day expenses, understanding the cost of living in Fallston is essential.

How Much Does Housing Cost in Fallston, Maryland?

Housing prices in Fallston tend to be higher than in other parts of Harford County, due to its desirable location and larger lot sizes. On average:

Single-family homes: $550,000 – $700,000
Townhomes: $350,000 – $450,000
Condos: $250,000 – $350,000

Real estate prices vary based on the neighborhood, home size, and amenities. Some of the highest-priced homes are in areas with large lots and custom-built properties. The market has remained steady, with home values gradually rising over the years. For more details on Maryland home values, visit Maryland Realtors.

How Much Does It Cost to Rent in Fallston, Maryland?

Renting in Fallston can be more expensive than in nearby areas due to the high demand for housing. On average:

Single-family homes: $2,000 – $3,500 per month
Townhomes: $1,800 – $2,500 per month
Apartments: $1,500 – $2,200 per month

Many rentals in Fallston are single-family homes with spacious yards. Rental demand has risen in recent years, increasing monthly prices.

What Are the Utility Costs in Fallston, Maryland?

Monthly utility costs in Fallston are in line with the national average. Here's a general breakdown:

Electricity: $120 – $180 per month (BGE – www.bge.com)
Gas: $50 – $100 per month (Washington Gas – www.washingtongas.com)
Water & Sewer: $50 – $100 per month (Harford County Water – www.harfordcountymd.gov)
Internet: $50 – $100 per month (Xfinity – www.xfinity.com, Verizon – www.verizon.com)

For a complete list of utility companies, visit the Maryland Public Service Commission.

What Are the Taxes Like in Fallston, Maryland?

Taxes are an important factor when considering the cost of living in Fallston.

Property tax rate: 1.04% of assessed home value
State income tax: 4.75% – 5.75% depending on income
Sales tax: 6% on most goods and services

For more details on Maryland taxes, visit the Maryland Department of Assessments and Taxation.

What Are the Transportation Costs in Fallston, Maryland?

Public transportation options in Fallston are limited, so most residents rely on personal vehicles.

Gas prices: Around $3.50 – $4.00 per gallon
Car insurance: Typically $1,200 – $1,800 per year
Commuting times: About 40 – 50 minutes to Baltimore

While there aren't any MARC train stops in Fallston, commuters can access train stations in Aberdeen or Perryville for trips to Baltimore and Washington, D.C.

How Much Do Groceries and Dining Out Cost in Fallston?

Grocery prices in Fallston are slightly above the national average. On average, a family of four spends $800 – $1,200 per month on groceries. Local options include:

Weis Markets
ShopRite
Walmart Grocery

Dining out varies based on the establishment:

Casual dining (e.g., Italian or American restaurants): $15 – $25 per person
Fast food (e.g., McDonald's, Chick-fil-A): $8 – $12 per meal
Fine dining: $50+ per person

What Are the Entertainment and Leisure Costs in Fallston, Maryland?

Living in Fallston means access to parks, fitness centers, and local attractions.

Gym memberships: $30 – $70 per month
Yoga or fitness classes: $10 – $20 per session
Movie ticket: $12 – $15 per person
Local events & festivals: Some are free, others cost $10 – $50 per ticket

Popular attractions include Annie’s Playground, Harford Glen Park, and local wineries.

Frequently Asked Questions About the Cost of Living in Fallston, Maryland

Q: Is Fallston, Maryland an affordable place to live?

A: Fallston is not the most affordable place in Harford County, but it offers excellent schools, low crime rates, and a suburban feel. Housing costs are higher, but utilities and taxes are reasonable.

Q: What is a good salary to live in Fallston, Maryland?

A: A yearly income of $80,000 – $120,000 is typically needed to live comfortably in Fallston, depending on housing costs and lifestyle.

Q: How does the cost of living in Fallston, Maryland compare to other cities?

A: Compared to Baltimore, Fallston has higher housing costs but similar utility and grocery prices. It is more affordable than Annapolis or Washington, D.C., but pricier than smaller towns in Harford County.