Housing costs in Mechanicsville?
A typical home costs
$378,200, which is 11.9% more expensive than the national average of
$338,100 and 2.6% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Mechanicsville costs
$1,500 per month, which is 4.9% more than the national average of
$1,430 and 8.0% cheaper than the state average of
$1,620.
Can I afford Mechanicsville?
To live comfortably in Mechanicsville, Maryland, a minimum annual income of
$72,360 for a family, and
$49,600 for a single person is recommended.
What does A.I. say about Mechanicsville?
The cost of living in Mechanicsville, MD is relatively low compared to other parts of the United States. According to BestPlaces, the cost of living index in Mechanicsville is 75.02, which is 13% lower than the US average. The median household income is $78,993 which is slightly higher than Maryland's $75,847 median household income. Though some basic goods and services may be slightly more expensive due to its proximity to Washington D.C., overall most people find that the cost of living in Mechanicsville is quite reasonable.