Housing costs in Queenstown?
A typical home costs
$549,800, which is 62.6% more expensive than the national average of
$338,100 and 41.7% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Queenstown costs
$1,560 per month, which is 9.1% more than the national average of
$1,430 and 3.8% cheaper than the state average of
$1,620.
Can I afford Queenstown?
To live comfortably in Queenstown, Maryland, a minimum annual income of
$105,480 for a family, and
$50,800 for a single person is recommended.
What does A.I. say about Queenstown?
Queenstown, MD has a relatively low cost of living compared to many other areas in the United States. The median home value in Queenstown is $283,000, which is much lower than the national average of $218,000. The median rent in Queenstown is also significantly lower than the national average at $1,176 per month. Utilities are fairly inexpensive as well, with an average monthly rate of $141 for electricity and $85 for gas. Additionally, groceries and other necessities tend to be less expensive than in larger cities due to the rural location. All in all, living in Queenstown can be an affordable option for those looking to stretch their budget further.