Housing costs in Union Bridge?
A typical home costs
$363,000, which is 7.4% more expensive than the national average of
$338,100 and 6.5% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Union Bridge costs
$1,180 per month, which is 17.5% cheaper than the national average of
$1,430 and 37.3% cheaper than the state average of
$1,620.
Can I afford Union Bridge?
To live comfortably in Union Bridge, Maryland, a minimum annual income of
$69,480 for a family, and
$38,400 for a single person is recommended.
What does A.I. say about Union Bridge?
The cost of living in Union Bridge, MD is generally quite affordable. The median home value in the area is $214,500 which is approximately 14% lower than the national average. Additionally, housing costs account for less than 25% of a typical household budget in Union Bridge as utility costs are typically low. In terms of food costs, groceries and restaurant meals come at relatively reasonable prices compared to other towns in Maryland. Public transportation in Union Bridge is served by the Carroll County Transit System which offers affordable fares for those needing to get around town or nearby areas. All in all, the cost of living in Union Bridge is remarkably lower than most places in Maryland making it an attractive option for homeowners looking to save money while still enjoying a high quality of life.