Housing costs in Linganore?
A typical home costs
$464,500, which is 37.4% more expensive than the national average of
$338,100 and 19.7% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Linganore costs
$2,110 per month, which is 47.6% more than the national average of
$1,430 and 23.2% more than the state average of
$1,620.
Can I afford Linganore?
To live comfortably in Linganore, Maryland, a minimum annual income of
$88,920 for a family, and
$74,000 for a single person is recommended.
What does A.I. say about Linganore?
Linganore, MD is an attractive place to live due to its relatively low cost of living. According to the Maryland Department of Planning, the cost of living in Linganore is about 15% below the national average, making it a great value for those looking for an affordable place to call home. Housing costs are especially low, with median home prices being around $275,000 and the median rent being around $1,500 per month. Additionally, utility costs are also quite manageable compared to other areas in the region. With all these economic advantages combined with its excellent location near major cities like Baltimore and Washington, DC, Linganore is a great option for shoppers on a budget looking to call Maryland their home.