Housing costs in Urbana?
A typical home costs
$636,700, which is 88.3% more expensive than the national average of
$338,100 and 64.1% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Urbana costs
$2,340 per month, which is 63.6% more than the national average of
$1,430 and 30.8% more than the state average of
$1,620.
Can I afford Urbana?
To live comfortably in Urbana, Maryland, a minimum annual income of
$122,040 for a family, and
$82,400 for a single person is recommended.
What does A.I. say about Urbana?
The cost of living in Urbana, MD is higher than the national average, but still quite affordable. The median home value is around $395,000 and the median rent is around $1,800 per month. The median household income is around $111,000 and the unemployment rate is low at 3%. Goods and services are also relatively inexpensive compared to other cities; specifically groceries, healthcare, and utilities are all lower than the national average. Overall, Urbana is an attractive place to live as it offers many amenities for a reasonable cost.