Housing costs in Rockville?
A typical home costs
$564,900, which is 67.1% more expensive than the national average of
$338,100 and 45.6% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Rockville costs
$2,310 per month, which is 61.5% more than the national average of
$1,430 and 29.9% more than the state average of
$1,620.
Can I afford Rockville?
To live comfortably in Rockville, Maryland, a minimum annual income of
$108,360 for a family, and
$81,200 for a single person is recommended.
What does A.I. say about Rockville?
Rockville, Maryland has a cost of living index rating significantly higher than that if the nation at 117 due mostly to its exceptionally high housing costs making up 50%, transportation at 11%, groceries (12%), utilities (6%) and healthcare making up 9%. Although utility costs remain relatively high due largely to expensive power sources such as coal or nuclear energy most other categories are either on par or even above average providing citizens with an overall considerably high cost of living compared with almost everywhere else in America whilst having access similar amenities found citywide from whatever municipality they call home.