Housing costs in Hagerstown-Martinsburg?
A typical home costs
$267,300, which is 20.9% less expensive than the national average of
$338,100 and 31.1% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Hagerstown-Martinsburg costs
$1,080 per month, which is 24.5% cheaper than the national average of
$1,430 and 50.0% cheaper than the state average of
$1,620.
Can I afford Hagerstown-Martinsburg?
To live comfortably in Hagerstown-Martinsburg Maryl Metro Area, Maryland, a minimum annual income of
$51,120 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Hagerstown-Martinsburg?
The cost of living in Hagerstown-Martinsburg, MD Metro Area is quite good compared to the US average. At 93.2, it is 6.8 points lower than the national average of 100, making it a relatively affordable place to live. This is especially true when considering the fact that the median house value in the metro area is $267,300, which is significantly lower than the US average of $338,100. Therefore, people who live in Hagerstown-Martinsburg can receive a good quality of life at an affordable price point.