Housing costs in Mountain Lake Park?
A typical home costs
$186,500, which is 44.8% less expensive than the national average of
$338,100 and 51.9% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Mountain Lake Park costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 97.6% cheaper than the state average of
$1,620.
Can I afford Mountain Lake Park?
To live comfortably in Mountain Lake Park, Maryland, a minimum annual income of
$35,640 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Mountain Lake Park?
The cost of living in Mountain Lake Park, MD is quite reasonable compared to other parts of the state. While there are some higher-priced real estate options available, most homes in the area offer great value for money. Groceries and utilities also tend to be cheaper than other parts of Maryland, making it a great place for those on a budget. Additionally, there are plenty of places to eat out and enjoy nightlife without breaking the bank, ensuring that residents can make the most out of their money and still have fun.