Housing costs in Lochearn?
A typical home costs
$261,500, which is 22.7% less expensive than the national average of
$338,100 and 32.6% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Lochearn costs
$1,430 per month, which is 0.0% cheaper than the national average of
$1,430 and 13.3% cheaper than the state average of
$1,620.
Can I afford Lochearn?
To live comfortably in Lochearn, Maryland, a minimum annual income of
$50,040 for a family, and
$46,400 for a single person is recommended.
What does A.I. say about Lochearn?
The cost of living in Lochearn, MD is relatively low compared to other areas in the region. The median home price in Lochearn is around $160,000, which can be considered affordable for many people. Additionally, the average rental rate for a two-bedroom apartment is around $1,200 per month and transportation costs are generally low as well. There are also plenty of local amenities and services available at very reasonable prices. Overall, living in Lochearn is quite economical and provides great value for your money.