Housing costs in New Carrollton?
A typical home costs
$359,300, which is 6.3% more expensive than the national average of
$338,100 and 7.4% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in New Carrollton costs
$1,570 per month, which is 9.8% more than the national average of
$1,430 and 3.2% cheaper than the state average of
$1,620.
Can I afford New Carrollton?
To live comfortably in New Carrollton, Maryland, a minimum annual income of
$68,760 for a family, and
$55,200 for a single person is recommended.
What does A.I. say about New Carrollton?
The cost of living in New Carrollton, MD is slightly higher than the national average. The median home price in the area is around $250,000, and the average rent for a one-bedroom apartment is about $1,300 per month. However, the cost of groceries and other everyday necessities are generally lower than most areas of the country. Additionally, there are great deals to be found on housing if you are willing to look around. In general, New Carrollton offers an affordable middle-class lifestyle that can be budgeted to fit almost any means.