Housing costs in Glen Arm?
A typical home costs
$540,300, which is 59.8% more expensive than the national average of
$338,100 and 39.2% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Glen Arm costs
$1,820 per month, which is 12.3% more than the national average of
$1,620 and 14.8% more than the state average of
$1,550.
Can I afford Glen Arm?
To live comfortably in Glen Arm (zip 21057), Maryland, a minimum annual income of
$103,680 for a family, and
$58,800 for a single person is recommended.
What does A.I. say about Glen Arm?
The cost of living in 21057 Glen Arm, MD is generally quite high due to its close proximity to Baltimore city. It is estimated that the overall cost of living in this area is 24 points higher than the national average. Housing costs are especially high as the median home price is $443,000, which is far more expensive than the Maryland state average of $318,000. Additionally, groceries and utilities tend to be more expensive here due to the lack of competition compared to larger cities. However, due to its close distance from Baltimore city, there are plenty of job opportunities available as well as a variety of entertainment and dining options nearby.