Housing costs in Solomons?
A typical home costs
$426,500, which is 26.1% more expensive than the national average of
$338,100 and 9.9% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Solomons costs
$2,110 per month, which is 47.6% more than the national average of
$1,430 and 23.2% more than the state average of
$1,620.
Can I afford Solomons?
To live comfortably in Solomons, Maryland, a minimum annual income of
$81,720 for a family, and
$74,000 for a single person is recommended.
What does A.I. say about Solomons?
The cost of living in Solomons, MD is relatively low compared to many other places in the US. The median home price is about $292,000, which is far lower than many of its neighboring areas. Rent prices are also reasonable at an average of about $1,500 per month for a one-bedroom apartment. Groceries and utilities are also affordable with prices comparable to or lower than the national average. Overall, living in Solomons can be quite affordable and provide a good quality of life.