Housing costs in Largo?
A typical home costs
$310,000, which is 8.3% less expensive than the national average of
$338,100 and 20.1% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Largo costs
$1,980 per month, which is 38.5% more than the national average of
$1,430 and 18.2% more than the state average of
$1,620.
Can I afford Largo?
To live comfortably in Largo, Maryland, a minimum annual income of
$59,400 for a family, and
$69,600 for a single person is recommended.
What does A.I. say about Largo?
The cost of living in Largo, MD is relatively affordable compared to many other cities in the area. The median home value for the city is around $265,000 and the median household income is around $73,700, which allows residents to enjoy a comfortable lifestyle while not breaking their budget. The main expense for residents is transportation costs, as it can be expensive to commute from Largo to Washington D.C. or other nearby areas. In addition, groceries and utilities are also generally more expensive here than most other places nearby. However overall, Largo remains an affordable city with plenty of amenities and services that make it an ideal location for those looking to live close to the nation’s capital without too much financial burden.