Housing costs in Cambridge?
A typical home costs
$232,000, which is 31.4% less expensive than the national average of
$338,100 and 40.2% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Cambridge costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and 63.6% cheaper than the state average of
$1,620.
Can I afford Cambridge?
To live comfortably in Cambridge, Maryland, a minimum annual income of
$44,280 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Cambridge?
The cost of living in Cambridge, MD is relatively low compared to other cities in the United States. The median rent for a one-bedroom apartment is $850 per month, while the median home value is just over $128,000. This makes it an affordable place to live for people looking to start a family or save money for retirement. Additionally, the cost of groceries and other necessities are quite reasonable. There are also plenty of restaurants and entertainment options that are both affordable and quality experiences. All in all, Cambridge is an ideal place to live due to its affordability and quality of life.