Housing costs in Germantown?
A typical home costs
$378,800, which is 12.0% more expensive than the national average of
$338,100 and 2.4% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Germantown costs
$1,950 per month, which is 36.4% more than the national average of
$1,430 and 16.9% more than the state average of
$1,620.
Can I afford Germantown?
To live comfortably in Germantown, Maryland, a minimum annual income of
$72,720 for a family, and
$68,400 for a single person is recommended.
What does A.I. say about Germantown?
Germantown provides a unique chance at great value for more expensive living placed somewhere close by Maryland’s Montgomery County offering up medians arriving around the mid-$400s and rent often comes in a bit closer to $1 < 700 dollars depending upon desired amenities - notably higher compared to ocean side towns like Gaithersburg or Kensington situated far deeper down eastward. Groceries similarly stay almost equal with United States levels due largely to local taxes & regulations while sales tax sums out unaltered at 6%.