Housing costs in Layhill?
A typical home costs
$543,800, which is 60.8% more expensive than the national average of
$338,100 and 40.1% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Layhill costs
$1,850 per month, which is 29.4% more than the national average of
$1,430 and 12.4% more than the state average of
$1,620.
Can I afford Layhill?
To live comfortably in Layhill, Maryland, a minimum annual income of
$104,040 for a family, and
$64,800 for a single person is recommended.
What does A.I. say about Layhill?
The cost of living in Layhill, MD is fairly affordable. The median home value is around $50,000 and the median rent price is $1,100 per month. Additional costs of living include utilities, transportation, and food. Utilities are relatively inexpensive – the average cost for a family of four is about $165 a month. Transportation costs also vary but tend to be up to 10% cheaper than the national average. Finally, food prices are generally lower than other parts of Maryland; the average cost of groceries for a family of four is roughly $200 a week. All in all, Layhill is an affordable place to live with plenty of amenities for residents to enjoy.