Housing costs in Reisterstown?
A typical home costs
$370,000, which is 9.4% more expensive than the national average of
$338,100 and 4.7% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Reisterstown costs
$1,590 per month, which is 11.2% more than the national average of
$1,430 and close to the state average of
$1,620.
Can I afford Reisterstown?
To live comfortably in Reisterstown, Maryland, a minimum annual income of
$70,920 for a family, and
$51,600 for a single person is recommended.
What does A.I. say about Reisterstown?
The cost of living in Reisterstown, MD is relatively high compared to other areas in the country. According to the US Department of Housing and Urban Development, the median home value for Reisterstown is around $272,400, which is above the national average of $187,200. The median gross rent for Reisterstown is also higher than the national average at $1,462 per month. Grocery prices are higher than average as well, however food prices tend to be lower in neighboring towns. Despite its high cost of living relative to other areas in Maryland and across the country, Reisterstown provides an excellent quality of life with its diverse population and plentiful amenities.