Housing costs in Annapolis Neck?
A typical home costs
$703,200, which is 108.0% more expensive than the national average of
$338,100 and 81.2% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Annapolis Neck costs
$2,070 per month, which is 44.8% more than the national average of
$1,430 and 21.7% more than the state average of
$1,620.
Can I afford Annapolis Neck?
To live comfortably in Annapolis Neck, Maryland, a minimum annual income of
$134,640 for a family, and
$66,800 for a single person is recommended.
What does A.I. say about Annapolis Neck?
Annapolis Neck, MD has an overall cost of living that is slightly higher than the national average. Housing costs are particularly expensive, with an average price of $354,550 for a single family home. This is significantly higher than the national median home price of $219,000. The cost of groceries and health care tend to be on par with the national averages, while transportation costs are slightly lower than other parts of Maryland. Overall, Annapolis Neck offers a high quality of life but it comes at a cost with housing prices being particularly steep.