Housing costs in Graceham?
A typical home costs
$0, which is 100.0% less expensive than the national average of
$338,100 and 100.0% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Graceham costs
$1,140 per month, which is 20.3% cheaper than the national average of
$1,430 and 42.1% cheaper than the state average of
$1,620.
Can I afford Graceham?
To live comfortably in Graceham, Maryland, a minimum annual income of
$61,200 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Graceham?
Graceham, MD has a cost of living that is slightly higher than the national average. The US average Cost of Living is 100, while Graceham's cost of living is slightly higher at 101. This can be attributed to the higher house median value in Graceham compared to the national average. The US average House Value is $338,100., whereas the median House Value in Graceham is much higher at $360,000. Although it may be more expensive to live in Graceham than other parts of the country, it offers a high quality of life and can be worth it for those seeking a safe and reliable place to call home.