Housing costs in Cordova?
A typical home costs
$371,400, which is 9.8% more expensive than the national average of
$338,100 and 4.3% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Cordova costs
$1,220 per month, which is 14.7% cheaper than the national average of
$1,430 and 32.8% cheaper than the state average of
$1,620.
Can I afford Cordova?
To live comfortably in Cordova, Maryland, a minimum annual income of
$71,280 for a family, and
$43,200 for a single person is recommended.
What does A.I. say about Cordova?
The cost of living in Cordova, MD is relatively affordable compared to the national average. The median household income in the area is around $60,000, and the median home value is $218,400. Utilities are also quite reasonable, while taxes remain slightly higher than average due to Maryland's overall tax burden. Groceries and other necessities are generally less expensive than major cities, making it easier for those on a budget to get by. While housing costs have increased slightly over the past few years, they still remain low compared to larger cities in the US. Overall, Cordova is an affordable place to live with plenty of amenities that make life enjoyable.