Housing costs in Halfway?
A typical home costs
$234,700, which is 30.6% less expensive than the national average of
$338,100 and 39.5% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Halfway costs
$1,040 per month, which is 27.3% cheaper than the national average of
$1,430 and 55.8% cheaper than the state average of
$1,620.
Can I afford Halfway?
To live comfortably in Halfway, Maryland, a minimum annual income of
$45,000 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Halfway?
Halfway, MD is known for having a relatively low cost of living compared to other areas in the United States. Food and housing costs are particularly affordable, with the median home price being $176,000 and groceries estimated at approximately 8% below the national average. The overall cost of living in Halfway is estimated to be 10% lower than the national average, making it a great option for those looking for an affordable place to live. Additionally, Halfway has no state income tax, which can help offset some of the day-to-day expenses that come with living there. Overall, Halfway is an affordable place to live while still offering access to many amenities and opportunities.