Housing costs in Highland?
A typical home costs
$827,200, which is 144.7% more expensive than the national average of
$338,100 and 113.1% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Highland costs
$2,290 per month, which is 60.1% more than the national average of
$1,430 and 29.3% more than the state average of
$1,620.
Can I afford Highland?
To live comfortably in Highland, Maryland, a minimum annual income of
$158,400 for a family, and
$74,000 for a single person is recommended.
What does A.I. say about Highland?
The cost of living in Highland, MD is generally quite reasonable compared to other nearby areas. In terms of housing, the median home value is around $320,000, making it more affordable than nearby cities like Silver Spring and Bethesda. Renters can find one-bedroom apartments for as low as $1,200 a month and two-bedroom apartments range from $1,400 up to $2,300 per month. Other costs associated with living in Highland are relatively inexpensive too; groceries cost about the same as anywhere else in the state and gas prices are usually on par with national averages. All in all, the cost of living in Highland is quite reasonable and makes it an attractive place to live.