Housing costs in Jessup?
A typical home costs
$451,200, which is 33.5% more expensive than the national average of
$338,100 and 16.3% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Jessup costs
$1,840 per month, which is 28.7% more than the national average of
$1,430 and 12.0% more than the state average of
$1,620.
Can I afford Jessup?
To live comfortably in Jessup, Maryland, a minimum annual income of
$86,400 for a family, and
$60,000 for a single person is recommended.
What does A.I. say about Jessup?
The cost of living in Jessup, MD is very affordable. Housing costs are very low compared to other cities in the state, with median home values at an average of $149,900. The overall cost of living is lower than the national average, and utility costs are some of the lowest in the country. Groceries and healthcare tend to be a bit more expensive than other areas in Maryland, but still moderate when compared to other states. Transportation is also quite affordable with many public transportation options to choose from. All-in-all, Jessup is an affordable place for those looking for a comfortable lifestyle without breaking the bank.