Housing costs in Cumberland?
A typical home costs
$126,500, which is 62.6% less expensive than the national average of
$338,100 and 67.4% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Cumberland costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 88.4% cheaper than the state average of
$1,620.
Can I afford Cumberland?
To live comfortably in Cumberland, Maryland, a minimum annual income of
$24,120 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Cumberland?
The cost of living in Cumberland, MD is quite reasonable. The city has a low unemployment rate and competitive wages, making it a great place to live and work for many people. While housing prices are higher than the national average, the overall cost of living in Cumberland is still below the national median. Residents can find a variety of housing options to choose from, at prices that range from moderate to expensive. Groceries and other basic necessities are also reasonably priced, creating an affordable environment for those who want to live in this charming town.