Housing costs in Galena?
A typical home costs
$352,400, which is 4.2% more expensive than the national average of
$338,100 and 9.2% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Galena costs
$1,120 per month, which is 21.7% cheaper than the national average of
$1,430 and 44.6% cheaper than the state average of
$1,620.
Can I afford Galena?
To live comfortably in Galena, Maryland, a minimum annual income of
$67,680 for a family, and
$36,000 for a single person is recommended.
What does A.I. say about Galena?
Galena, MD is an affordable place to live. The cost of living in Galena is generally lower than the national average and is made even more attractive by the small-town atmosphere. Home prices are often well below the median for the area, while rental costs tend to be much lower than what one would find in larger cities. Groceries, transportation, and other essential services are also reasonably priced. Residents can take advantage of numerous local resources such as farmer's markets and other local businesses to keep their monthly expenses low. All in all, Galena provides a great value and quality of life for its residents.