Housing costs in Bowie?
A typical home costs
$402,700, which is 19.1% more expensive than the national average of
$338,100 and 3.8% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Bowie costs
$1,920 per month, which is 18.5% more than the national average of
$1,620 and 5.2% more than the state average of
$1,820.
Can I afford Bowie?
To live comfortably in Bowie (zip 20716), Maryland, a minimum annual income of
$77,040 for a family, and
$67,600 for a single person is recommended.
What does A.I. say about Bowie?
The cost of living in 20716 Bowie, MD is quite high. The median home price in the area is approximately $400,000 and the median rental rate for a two-bedroom apartment is around $2,000 per month. Additionally, the average commuting costs are above the national average, due to its close proximity to major cities such as Washington D.C., Baltimore, and Annapolis. All of these factors contribute to the overall high cost of living in 20716 Bowie, MD. However, due to an abundance of job opportunities in the area and a variety of entertainment options nearby, many residents find that it is worth living here despite the higher prices.