Housing costs in Aquasco?
A typical home costs
$348,900, which is 3.2% more expensive than the national average of
$338,100 and 10.1% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Aquasco costs
$1,850 per month, which is 14.2% more than the national average of
$1,620 and close to the state average of
$1,820.
Can I afford Aquasco?
To live comfortably in Aquasco (zip 20608), Maryland, a minimum annual income of
$66,960 for a family, and
$64,800 for a single person is recommended.
What does A.I. say about Aquasco?
The cost of living in Aquasco, MD 20608 is generally considered to be higher than the national average. Housing costs are quite high with the median home value being around $320,000, while rent prices for a two-bedroom apartment are typically upwards of $1,500 per month. Other expenses such as groceries and transportation are also relatively high compared to other areas in the country. Additionally, taxes can be quite steep in Maryland; state income tax is set at 5.75%, sales tax at 6%, and property taxes can range from 0.8 to 1%. Despite higher costs of living in the area, many residents find it worth it for their quality of life thanks to its close proximity to Washington D.C., Baltimore, and other major cities and attractions that make it a great place to live overall.