Housing costs in Edmonston?
A typical home costs
$339,300, which is 0.4% more expensive than the national average of
$338,100 and 12.6% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Edmonston costs
$1,480 per month, which is 3.5% more than the national average of
$1,430 and 9.5% cheaper than the state average of
$1,620.
Can I afford Edmonston?
To live comfortably in Edmonston, Maryland, a minimum annual income of
$65,160 for a family, and
$52,000 for a single person is recommended.
What does A.I. say about Edmonston?
The cost of living in Edmonston, MD is relatively affordable compared to many other places in the United States. The median home value is $195,500 and rent averages around $1,300 per month. In terms of groceries, a typical basket of goods costs around 10 percent more than the national average. Utilities such as gas and electricity are also reasonably priced with electricity being about 1 percent cheaper than the national average and gas prices being slightly higher than the rest of the country. Given its close proximity to Washington D.C., Edmonston provides an economical option for families looking to live in Maryland without breaking their budget.