Housing costs in Cottage City?
A typical home costs
$349,600, which is 3.4% more expensive than the national average of
$338,100 and 9.9% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Cottage City costs
$1,630 per month, which is 14.0% more than the national average of
$1,430 and close to the state average of
$1,620.
Can I afford Cottage City?
To live comfortably in Cottage City, Maryland, a minimum annual income of
$66,960 for a family, and
$57,200 for a single person is recommended.
What does A.I. say about Cottage City?
Cottage City, MD is known for its affordable cost of living, making it a great place to live for people on a budget. The average home in Cottage City costs around $220,000 and the average rent is around $1200 per month. Utilities are also relatively low compared to other cities, averaging about $160 per month. Groceries are also relatively affordable in Cottage City with a loaf of bread costing around $2 and a gallon of milk costing less than $3. Overall, with low housing costs and other expenses, residents in Cottage City can enjoy a comfortable life without breaking the bank.