Housing costs in Mays Chapel?
A typical home costs
$450,200, which is 33.2% more expensive than the national average of
$338,100 and 16.0% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Mays Chapel costs
$1,460 per month, which is 2.1% more than the national average of
$1,430 and 11.0% cheaper than the state average of
$1,620.
Can I afford Mays Chapel?
To live comfortably in Mays Chapel, Maryland, a minimum annual income of
$86,400 for a family, and
$47,200 for a single person is recommended.
What does A.I. say about Mays Chapel?
Mays Chapel, MD is known for its affordable cost of living. The median home value in the area is around $387,500 and the median rent is around $1,900 per month. The average monthly utility bill falls between $150-200. In terms of transportation, Mays Chapel is served by two major highways as well as numerous bus lines and public rail systems. Overall, the cost of living in Mays Chapel is quite reasonable compared to other cities in the region. This makes it a great option for those looking to live comfortably while saving money.