Housing costs in Arbutus?
A typical home costs
$266,100, which is 21.3% less expensive than the national average of
$338,100 and 31.4% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Arbutus costs
$1,360 per month, which is 16.0% cheaper than the national average of
$1,620 and 14.0% cheaper than the state average of
$1,550.
Can I afford Arbutus?
To live comfortably in Arbutus (zip 21227), Maryland, a minimum annual income of
$51,120 for a family, and
$44,000 for a single person is recommended.
What does A.I. say about Arbutus?
Living in 21227 Arbutus, MD is quite expensive. The median home value in Arbutus is around $317,000 and the median price per square foot is $172 which is significantly higher than the US average of $128. Renting a one bedroom apartment here costs an average of $1,600 per month while utilities for a 915 sq ft apartment come to around $130 each month. Groceries are also more expensive in this area with a gallon of milk costing roughly $3.45 and a dozen eggs coming to about $2.25. All in all, living in 21227 Arbutus, MD can be quite costly but many find it worth the expense due to its convenient location close to shops, restaurants, and other amenities.