Housing costs in Colesville?
A typical home costs
$550,300, which is 62.8% more expensive than the national average of
$338,100 and 41.8% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Colesville costs
$1,930 per month, which is 35.0% more than the national average of
$1,430 and 16.1% more than the state average of
$1,620.
Can I afford Colesville?
To live comfortably in Colesville, Maryland, a minimum annual income of
$105,480 for a family, and
$68,000 for a single person is recommended.
What does A.I. say about Colesville?
The cost of living in Colesville, MD is slightly higher than the national average. Housing costs are a bit higher than the US average due to its proximity to Washington D.C., with the median home price in town being around $400,000. Groceries and other necessities also tend to be a bit pricier than in many other areas of the country. However, Colesville offers many amenities that make up for the higher costs, such as excellent schools, low crime rates, and plenty of shopping and dining options nearby.