Housing costs in California-Lexington Park?
A typical home costs
$358,100, which is 5.9% more expensive than the national average of
$338,100 and 7.7% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in California-Lexington Park costs
$1,600 per month, which is 11.9% more than the national average of
$1,430 and close to the state average of
$1,620.
Can I afford California-Lexington Park?
To live comfortably in California-Lexington Park Maryl Metro Area, Maryland, a minimum annual income of
$68,760 for a family, and
$52,800 for a single person is recommended.
What does A.I. say about California-Lexington Park?
The cost of living in the California-Lexington Park, MD Metro Area is 5.9% higher than the US average. This means that residents of this area can expect to pay more for housing, goods, services and taxes than many other areas across the country. Despite this higher cost of living, median house values in this area are also higher than the national average. At $358,100, house values here are 6.4% above the US average of $338,100. This suggests that despite the high cost of living in California-Lexington Park, MD Metro Area , it remains an attractive place to live and invest in.