Housing costs in Chillum?
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 Chillum costs
$1,710 per month, which is 5.6% more than the national average of
$1,620 and 6.4% cheaper than the state average of
$1,820.
Can I afford Chillum?
To live comfortably in Chillum (zip 20782), Maryland, a minimum annual income of
$77,040 for a family, and
$60,000 for a single person is recommended.
What does A.I. say about Chillum?
Living in 20782 Chillum, MD is fairly affordable. The overall cost of living index in the area is 87.5, which is far lower than the national average of 100. According to Area Vibes, the median home value in the area is approximately $310,000 and the median household income averages around $66,000. Renters benefit from lower costs than homeowners as median rent prices are typically around $1,400 per month. Other expenses tend to be on par with the national average, and taxes are relatively low compared to other areas in Maryland.