Housing costs in Summerfield?
A typical home costs
$323,500, which is 4.3% less expensive than the national average of
$338,100 and 16.6% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Summerfield costs
$1,600 per month, which is 11.9% more than the national average of
$1,430 and close to the state average of
$1,620.
Can I afford Summerfield?
To live comfortably in Summerfield, Maryland, a minimum annual income of
$61,920 for a family, and
$56,400 for a single person is recommended.
What does A.I. say about Summerfield?
Summerfield, MD has an affordable cost of living compared to other cities in the area. The cost of basic necessities such as groceries, transportation and housing are all reasonable and comparable to the national average. For those looking for a more upscale living experience, the town offers a variety of luxurious options with prices that won't break the bank. Summerfield also boasts a low tax rate which helps make it a great place for families and individuals alike to live in comfort without having to worry about their budget.