Housing costs in Paramount-Long Meadow?
A typical home costs
$370,400, which is 9.6% more expensive than the national average of
$338,100 and 4.6% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Paramount-Long Meadow costs
$1,200 per month, which is 16.1% cheaper than the national average of
$1,430 and 35.0% cheaper than the state average of
$1,620.
Can I afford Paramount-Long Meadow?
To live comfortably in Paramount-Long Meadow, Maryland, a minimum annual income of
$70,920 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Paramount-Long Meadow?
The cost of living in Paramount-Long Meadow, MD is slightly higher than the national average, but it is still considered to be an affordable area to live. The housing market is strong and offers many different types of homes ranging from small single family residences to larger multi-family dwellings. Utilities are reasonably priced as compared to other areas in Maryland and the general cost of goods and services are also fairly competitive with that of surrounding areas. Overall, Paramount-Long Meadow provides a great quality of life for its residents at a reasonable cost.