Housing costs in Glen Echo?
A typical home costs
$1,092,100, which is 223.0% more expensive than the national average of
$338,100 and 181.4% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Glen Echo costs
$2,570 per month, which is 79.7% more than the national average of
$1,430 and 37.0% more than the state average of
$1,620.
Can I afford Glen Echo?
To live comfortably in Glen Echo, Maryland, a minimum annual income of
$209,160 for a family, and
$90,400 for a single person is recommended.
What does A.I. say about Glen Echo?
Glen Echo, MD is a highly desirable place to live due to its proximity to Washington D.C., scenic beauty, and vast array of recreational activities. However, the cost of living in Glen Echo can be quite high. Housing prices are steep, with median home values currently standing at $890,000 according to Zillow. Rental costs are also high, with median rent at $2,250 per month according to Rent Jungle. While grocery costs are slightly lower than the national average (7% below according to BestPlaces), transportation costs are notably higher (17% above the national average). All told, Glen Echo may not be an affordable choice for all budgets; however, its many attractions make it worth considering for households who can afford it.