Housing costs in Aberdeen?
A typical home costs
$304,100, which is 10.1% less expensive than the national average of
$338,100 and 21.6% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Aberdeen costs
$1,350 per month, which is 5.6% cheaper than the national average of
$1,430 and 20.0% cheaper than the state average of
$1,620.
Can I afford Aberdeen?
To live comfortably in Aberdeen, Maryland, a minimum annual income of
$58,320 for a family, and
$44,000 for a single person is recommended.
What does A.I. say about Aberdeen?
Aberdeen, MD has a relatively low cost of living compared to the national average. The median household income is around $48,000 and the median home value is approximately $170,000. Other expenses such as groceries, healthcare and transportation are also significantly lower than the national average. This makes Aberdeen an ideal location for those looking to save money while still enjoying the amenities of a larger city. Additionally, those with higher incomes will find that their money goes much further in Aberdeen compared to other areas in Maryland.