Housing costs in Howard?
A typical home costs
$568,100, which is 68.0% more expensive than the national average of
$338,100 and 46.4% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Howard costs
$1,550 per month, which is 8.4% more than the national average of
$1,430 and 4.5% cheaper than the state average of
$1,620.
Can I afford Howard?
To live comfortably in Howard Maryl County, Maryland, a minimum annual income of
$108,720 for a family, and
$50,000 for a single person is recommended.
What does A.I. say about Howard?
The cost of living in Howard, MD County is significantly higher than the US average. The median house value in Howard is $568,100, far greater than the US median of $338,100. Furthermore, the cost of living index for the county is 127.9, 27.9 points higher than the national index of 100. This significantly higher cost of living indicates that residents must have significantly greater incomes to afford comparable levels of goods and services.