Housing costs in Vale Summit?
A typical home costs
$250,900, which is 25.8% less expensive than the national average of
$338,100 and 35.4% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Vale Summit costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 84.1% cheaper than the state average of
$1,620.
Can I afford Vale Summit?
To live comfortably in Vale Summit, Maryland, a minimum annual income of
$48,240 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Vale Summit?
The cost of living in Vale Summit, MD is relatively affordable compared to other cities in the area. Housing costs are very reasonable with a median home price of about $200,000. Groceries and other items can be found at lower prices than in many neighboring towns. Additionally, the town's low crime rate makes it an attractive place to live for families looking for a safe and secure environment. Overall, Vale Summit is an excellent option for those looking to save money while still having access to many amenities that more expensive areas offer.