Housing costs in Overlea?
A typical home costs
$258,100, which is 23.7% less expensive than the national average of
$338,100 and 33.5% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Overlea costs
$1,470 per month, which is 2.8% more than the national average of
$1,430 and 10.2% cheaper than the state average of
$1,620.
Can I afford Overlea?
To live comfortably in Overlea, Maryland, a minimum annual income of
$49,320 for a family, and
$47,600 for a single person is recommended.
What does A.I. say about Overlea?
Overlea, MD is a relatively affordable place to live with an overall cost of living that is 4% lower than the national average. Housing prices are significantly lower than the national average, with a median home price of $162,900 compared to the US median of $218,000. The cost of groceries and healthcare are also quite low in Overlea due to its suburban location. Transportation costs in Overlea are about average for the US, with residents able to access public transportation such as buses and light rail at reasonable rates. Overall, Overlea offers an excellent quality of life at an affordable cost.