Housing costs in Moscow?
A typical home costs
$77,100, which is 77.2% less expensive than the national average of
$338,100 and 80.1% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Moscow costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 92.9% cheaper than the state average of
$1,620.
Can I afford Moscow?
To live comfortably in Moscow, Maryland, a minimum annual income of
$14,760 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Moscow?
The cost of living in Moscow, MD is slightly higher than the national average. Despite this, living in Moscow is still relatively affordable compared to many other towns and cities in Maryland. The median household income is around $55,000, which is slightly higher than the Maryland average. For those looking to rent a home or apartment, the median monthly rent price is around $1,300 - about 20% higher than Maryland’s average. Utility bills also tend to be on the high side due to the area's temperate climate. However, there are plenty of options for lower-income residents who need assistance with utilities and housing costs. Overall, living in Moscow can be a great choice for those looking for an affordable yet comfortable place to live.