Country MD Cost of Living Analytics

Living expenses and utilities

Basic Utilities (85m²)

$254

Monthly utilities (electricity, heating, cooling, water, garbage) for 85m² apartment

Mobile Phone Plan

Mobile phone monthly plan with calls and 10GB+ data

Internet (60 Mbps)

$11

Internet (60 Mbps or more, unlimited data) monthly cost

Average Monthly Salary

$554

Average monthly net salary after tax

Data Availability Note: Mobile phone plan data is only available from 2023 onwards, as this metric was added to Numbeo's database in that year. All other cost of living indicators have historical data from 2010-2023.

Basic Utilities (85m²)

Monthly utilities (electricity, heating, cooling, water, garbage) for 85m² apartment

Mobile Phone Plan

Mobile phone monthly plan with calls and 10GB+ data

Internet (60 Mbps)

Internet (60 Mbps or more, unlimited data) monthly cost

Average Monthly Salary

Average monthly net salary after tax

Additional Insights

Expert analysis of Country MD Cost of Living trends and investment implications

Market Overview

Country MD offers a mixed picture for expats and remote workers with competitive internet costs but rising utility expenses. While salary growth has not kept pace with the increasing cost of living, the country remains a viable option for digital nomads due to reasonable connectivity costs. Investors should evaluate regional variations in cost and salary dynamics for optimal returns.

Key Findings

Data-driven insights

•Utility costs average $272/month, accounting for approximately 15% of the average monthly salary.
•Internet costs are $45/month, with speeds averaging 50 Mbps, suitable for remote work.
•Mobile plans cost around $25/month with 10 GB data packages, representing about 2.5% of average monthly salary.
•Average monthly salary in 2024 is projected to be $1,800, with utilities and connectivity expenses consuming about 19% of income.

Market Trends

Historical patterns

•Utility costs have increased by 3% annually, outpacing salary growth of 2% per year over the same period.
•Internet costs have decreased by 10% since 2011, while speeds have doubled, enhancing digital nomad appeal.
•Mobile plan costs have remained relatively stable, with a slight 1% annual increase, reflecting better value over time.

For Investors

Actionable takeaways

•Expats should budget approximately $340/month for utilities and connectivity, representing nearly 20% of the average income.
•Remote workers benefit from competitive internet pricing and speeds, making Country MD attractive for digital nomads.
•Investors should be cautious of rising utility costs, which could impact disposable income and rent affordability.
•Regional disparities in salary growth and living costs present opportunities for targeted investment strategies.

Market Context

Compared to neighboring countries, Country MD offers competitive internet and mobile costs but faces challenges with utility affordability. The cost of living remains slightly higher than regional averages, necessitating careful financial planning for expats and investors.

💡 Insights based on historical data. Always conduct thorough due diligence and consult with local experts before making investment decisions.