Housing costs in Coral Hills?
A typical home costs
$290,700, which is 14.0% less expensive than the national average of
$338,100 and 25.1% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Coral Hills costs
$1,400 per month, which is 2.1% cheaper than the national average of
$1,430 and 15.7% cheaper than the state average of
$1,620.
Can I afford Coral Hills?
To live comfortably in Coral Hills, Maryland, a minimum annual income of
$55,800 for a family, and
$49,200 for a single person is recommended.
What does A.I. say about Coral Hills?
The cost of living in Coral Hills, MD is slightly higher than the national average due to its proximity to Washington D.C. The median home value in Coral Hills is around $400,000, significantly higher than the national median of $275,000, and prices for basic necessities like groceries and utilities are also above the national averages. While there are some cheaper housing options available outside of the main city center, these tend to be less desirable as they may lack certain amenities or services that make living more convenient. Despite the higher costs of living in Coral Hills, its many benefits such as excellent public schools, good job opportunities and vibrant cultural scene outweighs the cons.