Housing costs in Grasonville?
A typical home costs
$512,400, which is 51.6% more expensive than the national average of
$338,100 and 32.0% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Grasonville costs
$2,120 per month, which is 48.3% more than the national average of
$1,430 and 23.6% more than the state average of
$1,620.
Can I afford Grasonville?
To live comfortably in Grasonville, Maryland, a minimum annual income of
$98,280 for a family, and
$68,800 for a single person is recommended.
What does A.I. say about Grasonville?
The cost of living in Grasonville, MD is relatively affordable compared to other cities in Maryland. The average housing cost is around $200,000 and the median household income is just over $72,000. The unemployment rate is also lower than the national average at only 4.7%. Additionally, taxes are capped at 6%, allowing more money to be available for spending on other items such as groceries and entertainment. All in all, Grasonville offers a good quality of life with a reasonable cost of living for its residents.