Housing costs in Broomes Island?
A typical home costs
$446,000, which is 31.9% more expensive than the national average of
$338,100 and 14.9% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Broomes Island costs
$1,790 per month, which is 25.2% more than the national average of
$1,430 and 9.5% more than the state average of
$1,620.
Can I afford Broomes Island?
To live comfortably in Broomes Island, Maryland, a minimum annual income of
$85,320 for a family, and
$62,800 for a single person is recommended.
What does A.I. say about Broomes Island?
The cost of living in Broomes Island, MD is relatively low compared to other parts of the state. Housing costs tend to be more affordable than in nearby cities, such as Annapolis or Baltimore. Groceries and other necessities are also reasonably priced. Because of its small population size, the area is not as competitive when it comes to wages and salaries, but many people still find that they can make a good living by taking advantage of all that the area has to offer. Overall, Broomes Island offers an attractive combination of affordability and quality of life.