Housing costs in Severn?
A typical home costs
$420,000, which is 24.2% more expensive than the national average of
$338,100 and 8.2% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Severn costs
$2,280 per month, which is 40.7% more than the national average of
$1,620 and 32.0% more than the state average of
$1,550.
Can I afford Severn?
To live comfortably in Severn (zip 21077), Maryland, a minimum annual income of
$80,640 for a family, and
$74,000 for a single person is recommended.
What does A.I. say about Severn?
The cost of living in 21077 Severn, MD is relatively moderate for the region. The median home price in the area is $314,000, which is comparable to nearby towns like Millersville and Odenton. In addition, groceries and health care costs are generally lower than the national average. Property taxes are also lower than most of Maryland's neighboring states. Overall, residents of Severn can enjoy a comfortable lifestyle while still staying within their financial means.