Housing costs in Cambridge?
A typical home costs
$234,700, which is 30.6% less expensive than the national average of
$338,100 and 39.5% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Cambridge costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and 63.6% cheaper than the state average of
$1,620.
Can I afford Cambridge?
To live comfortably in Cambridge Maryl Metro Area, Maryland, a minimum annual income of
$45,000 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Cambridge?
The cost of living in the Cambridge, MD Metro Area is 81.4 on the US average Cost of Living index of 100. This is lower than the national average and could be a great opportunity for people looking to move to a new area with more affordable housing options. The median house value in this area is $234,700, which provides potential homebuyers additional savings when compared to the national average of $338,100. With both an affordable cost of living and comparatively low property values, this may be an attractive option for those seeking a new place to call home.