Housing costs in Bel Air North?
A typical home costs
$406,600, which is 20.3% more expensive than the national average of
$338,100 and 4.8% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Bel Air North costs
$1,480 per month, which is 8.6% cheaper than the national average of
$1,620 and 4.7% cheaper than the state average of
$1,550.
Can I afford Bel Air North?
To live comfortably in Bel Air North (zip 21014), Maryland, a minimum annual income of
$77,760 for a family, and
$48,000 for a single person is recommended.
What does A.I. say about Bel Air North?
The cost of living in 21014 Bel Air North, MD is quite high. While the median home price is only $220,450, which may seem relatively affordable when compared to the national median rate of $231,000, it still represents a significant financial commitment for many potential buyers. The average rental rate in 21014 Bel Air North is also higher than the national average rent at approximately $1,400 per month for a one-bedroom apartment. Furthermore, groceries are about 10% more expensive than the national average and other basic expenses such as transportation and utilities are also slightly higher. All this taken together means that residents of 21014 Bel Air North can expect to pay a premium to make their home here.