Housing costs in Edgemere?
A typical home costs
$327,100, which is 3.3% less expensive than the national average of
$338,100 and 15.7% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Edgemere costs
$1,590 per month, which is 11.2% more than the national average of
$1,430 and close to the state average of
$1,620.
Can I afford Edgemere?
To live comfortably in Edgemere, Maryland, a minimum annual income of
$62,640 for a family, and
$51,600 for a single person is recommended.
What does A.I. say about Edgemere?
Edgemere, MD is an affordable place to live compared to other areas in the state. The median home value is $211,500, which is much lower than the national average of $227,025. The cost of living in Edgemere is 11% lower than the United States average. Additionally, utilities are much lower in comparison to other places in Maryland. All this makes Edgemere a great choice for people looking for more affordable costs of living without sacrificing too much in terms of quality and amenities.