Housing costs in Lonaconing?
A typical home costs
$90,200, which is 73.3% less expensive than the national average of
$338,100 and 76.8% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Lonaconing costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 102.5% cheaper than the state average of
$1,620.
Can I afford Lonaconing?
To live comfortably in Lonaconing, Maryland, a minimum annual income of
$17,280 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Lonaconing?
The cost of living in Lonaconing, MD is generally lower than the national average. In fact, the median home price in Lonaconing is around $92,000, which is significantly lower than Maryland’s median home price of $340,000. Additionally, groceries and other essentials tend to be relatively inexpensive compared to nearby cities and towns. This makes it a great option for those looking for a more affordable lifestyle without sacrificing quality of life.