Housing costs in Westminster?
A typical home costs
$390,800, which is 15.6% more expensive than the national average of
$338,100 and 0.7% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Westminster costs
$1,490 per month, which is 4.2% more than the national average of
$1,430 and 8.7% cheaper than the state average of
$1,620.
Can I afford Westminster?
To live comfortably in Westminster, Maryland, a minimum annual income of
$74,880 for a family, and
$48,000 for a single person is recommended.
What does A.I. say about Westminster?
The cost of living in Westminster, MD is approximately 6% higher than the national average. It is considered to be a relatively affordable city compared to other locations in Maryland, with the median home value estimated to be around $233,900. The median rental cost is around $1,220 per month. Groceries, health care, and utilities are also priced slightly higher than the national average. However, transportation costs are much lower than the national average due to its location relative to Baltimore and Washington D.C., allowing residents to utilize public transportation and take advantage of cheaper commute options.