Housing costs in Leitersburg?
A typical home costs
$249,000, which is 26.4% less expensive than the national average of
$338,100 and 35.8% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Leitersburg costs
$1,200 per month, which is 16.1% cheaper than the national average of
$1,430 and 35.0% cheaper than the state average of
$1,620.
Can I afford Leitersburg?
To live comfortably in Leitersburg, Maryland, a minimum annual income of
$47,880 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Leitersburg?
Leitersburg, MD is considered to be a relatively affordable place to live. The median home value in Leitersburg is just over $218,000, which is much lower than the national median of around $231,000. Additionally, the cost of living index in this small town is only 9.7%, meaning that residents can expect to pay lower prices for day-to-day expenses than they would elsewhere. This includes groceries, utilities, and healthcare costs. In fact, groceries have been found to cost around 10% less than the U.S. average in Leitersburg. All these factors contribute to making this small town a great place to call home without breaking the bank.