Housing costs in Herald Harbor?
A typical home costs
$559,900, which is 65.6% more expensive than the national average of
$338,100 and 44.3% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Herald Harbor 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 Herald Harbor?
To live comfortably in Herald Harbor, Maryland, a minimum annual income of
$107,280 for a family, and
$62,800 for a single person is recommended.
What does A.I. say about Herald Harbor?
The cost of living in Herald Harbor, MD is quite reasonable. The median home price in the area is $320,000, and renters can expect to pay around $1,400 a month for a one-bedroom apartment. Groceries and other essentials such as gas are generally affordable as well, making it an attractive option for those looking for a place to settle down. Additionally, there is no income tax in the state of Maryland, so residents can keep more of their hard-earned money. All in all, Herald Harbor offers an excellent quality of life at a reasonable cost.