Housing costs in Bowie?
A typical home costs
$471,100, which is 39.3% more expensive than the national average of
$338,100 and 21.4% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Bowie costs
$2,210 per month, which is 54.5% more than the national average of
$1,430 and 26.7% more than the state average of
$1,620.
Can I afford Bowie?
To live comfortably in Bowie, Maryland, a minimum annual income of
$90,360 for a family, and
$77,600 for a single person is recommended.
What does A.I. say about Bowie?
The cost of living in Bowie, MD is significantly higher than the national average. According to a recent analysis, the median house value in Bowie, MD is $471,100 while the US average house value is $338,100. On top of this, the Cost of Living in Bowie, MD is a staggering 128.1 compared to the US average Cost of Living which is 100. This means that residents in Bowie will have to spend almost 30% more on basic necessities and monthly expenses than those living elsewhere. While it might be necessary for some to pay this premium to live in the area due to employment or family-related commitments, it's important for people to consider how much they can actually afford and budget accordingly when making their decision.