Housing costs in Preston?
A typical home costs
$253,700, which is 25.0% less expensive than the national average of
$338,100 and 34.6% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Preston costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 54.3% cheaper than the state average of
$1,620.
Can I afford Preston?
To live comfortably in Preston, Maryland, a minimum annual income of
$48,600 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Preston?
The cost of living in Preston, MD is generally quite affordable. The median home price is $159,900 and the median rent is $980 per month. Property taxes are lower than the national average and there are no state income taxes, which makes living here even more attractive. Utilities costs are also competitive with the national average and there are plenty of amenities such as grocery stores, shopping malls, and restaurants within easy reach. In general, Preston offers a comfortable lifestyle at an affordable price - making it a great place to call home!