Housing costs in Greenbelt?
A typical home costs
$285,400, which is 15.6% less expensive than the national average of
$338,100 and 26.5% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Greenbelt costs
$1,930 per month, which is 35.0% more than the national average of
$1,430 and 16.1% more than the state average of
$1,620.
Can I afford Greenbelt?
To live comfortably in Greenbelt, Maryland, a minimum annual income of
$54,720 for a family, and
$67,600 for a single person is recommended.
What does A.I. say about Greenbelt?
The cost of living in Greenbelt, MD is relatively high when compared to other cities in the United States. The median home price in Greenbelt is around $270,000, which is more than double the national average of $184,700. Renting a one-bedroom apartment averages around $1,400 per month in Greenbelt. Groceries are also more expensive here as the area's food prices are higher than national averages by 6%. Transportation and healthcare costs are also above average for the region. Although the cost of living in Greenbelt is high when compared to other parts of the country, it offers plenty of job opportunities and quality lifestyle attractions that make it worth living there for many residents.