Housing costs in Smithsburg?
A typical home costs
$313,200, which is 7.4% less expensive than the national average of
$338,100 and 19.3% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Smithsburg costs
$1,110 per month, which is 22.4% cheaper than the national average of
$1,430 and 45.9% cheaper than the state average of
$1,620.
Can I afford Smithsburg?
To live comfortably in Smithsburg, Maryland, a minimum annual income of
$60,120 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Smithsburg?
The cost of living in Smithsburg, MD is quite reasonable. Due to its small size, housing costs are lower than many other nearby towns and cities. The median home value for Smithsburg is $184,400, which is much lower than the Maryland average of $309,500. Additionally, the median monthly rent in Smithsburg is only $1,203 compared to neighboring areas where it can be upwards of $2,000 or more each month. When it comes to food and grocery costs, Smithsburg residents benefit from the abundance of local farmers markets and grocery stores that offer reasonably priced items. Overall, living in Smithsburg is quite affordable and provides a comfortable lifestyle for its citizens.