Housing costs in Severn?
A typical home costs
$441,200, which is 30.5% more expensive than the national average of
$338,100 and 13.7% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Severn costs
$2,000 per month, which is 39.9% more than the national average of
$1,430 and 19.0% more than the state average of
$1,620.
Can I afford Severn?
To live comfortably in Severn, Maryland, a minimum annual income of
$84,600 for a family, and
$65,200 for a single person is recommended.
What does A.I. say about Severn?
Severn, MD has an overall average cost of living that is generally on par with the U.S national rate due largely in part to its comparatively moderate housing prices and taxes alongside moderately priced utility costs which makes it attractive option when considering value without having to give up modern day amenities or recreational activities located nearby either.