Housing costs in Cavetown?
A typical home costs
$309,800, which is 8.4% less expensive than the national average of
$338,100 and 20.2% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Cavetown costs
$1,110 per month, which is 22.4% cheaper than the national average of
$1,430 and 45.9% cheaper than the state average of
$1,620.
Can I afford Cavetown?
To live comfortably in Cavetown, Maryland, a minimum annual income of
$59,400 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Cavetown?
The cost of living in Cavetown, MD is very reasonable compared to other areas in the East Coast region. The area is known for its affordability and features average housing prices that are significantly lower than the national median. Groceries and other essentials are also relatively inexpensive, making Cavetown an attractive place to live for those looking to stretch their dollar. Nonetheless, it's important to remember that the cost of living can vary greatly depending on where exactly one chooses to live within the city limits. Some neighborhoods may offer more affordable housing options than others, while some may be slightly more expensive due to their close proximity to amenities or other attractions.