Housing costs in Salisbury?
A typical home costs
$366,500, which is 8.4% more expensive than the national average of
$338,100 and 5.6% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Salisbury costs
$1,090 per month, which is 23.8% cheaper than the national average of
$1,430 and 48.6% cheaper than the state average of
$1,620.
Can I afford Salisbury?
To live comfortably in Salisbury Maryl Metro Area, Maryland, a minimum annual income of
$70,200 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Salisbury?
The cost of living in Salisbury, MD Metro Area is slightly below the US average. The median house value in the Salisbury area is $366,500, which is significantly higher than the national average of $338,100. Despite this higher value, the overall cost of living index for Salisbury is 99.2, with 100 being equal to the US average. This suggests that residents of this area can expect to pay slightly less than their peers across the country for goods and services.