Housing costs in La Vale?
A typical home costs
$188,800, which is 44.2% less expensive than the national average of
$338,100 and 51.4% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in La Vale costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 88.4% cheaper than the state average of
$1,620.
Can I afford La Vale?
To live comfortably in La Vale, Maryland, a minimum annual income of
$36,000 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about La Vale?
The cost of living in La Vale, MD is slightly below the national average. Prices are generally lower for housing, groceries, and utilities than most other parts of the country. The average rent in La Vale is one of the lowest in Maryland at around $800 a month. Grocery prices are also fairly low compared to other areas with an overall grocery index that is 11 percent below the national average. Additionally, electricity rates remain low due to energy deregulation that has allowed different providers to compete for customers in the La Vale market. All things considered, La Vale remains an affordable place to call home and offers plenty of opportunities not only for individuals but for businesses as well.