Housing costs in Mount Vernon?
A typical home costs
$154,100, which is 54.4% less expensive than the national average of
$338,100 and 60.3% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Mount Vernon costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 74.2% cheaper than the state average of
$1,620.
Can I afford Mount Vernon?
To live comfortably in Mount Vernon, Maryland, a minimum annual income of
$29,520 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Mount Vernon?
Mount Vernon, MD is an affordable place to live, with a median home price of around $250,000. The cost of living in this area is more than 10% lower than the national average and 5% lower than the state average. The cost of goods and services such as groceries, transportation, health care and housing is also very reasonable in comparison to other areas in the state. Additionally, utilities are relatively low, making it possible for residents to save money on their energy bills. With its diverse population and multitude of entertainment and cultural activities, Mount Vernon offers a great quality of life at an affordable price.