Housing costs in Aspen Hill?
A typical home costs
$413,000, which is 22.2% more expensive than the national average of
$338,100 and 6.4% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Aspen Hill 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 Aspen Hill?
To live comfortably in Aspen Hill (zip 20906), Maryland, a minimum annual income of
$79,200 for a family, and
$67,600 for a single person is recommended.
What does A.I. say about Aspen Hill?
The cost of living in 20906 Aspen Hill, MD is quite high. According to the most recent estimates, the median home value is around $400,000, and it takes an average annual income of over $90,000 to afford a mortgage payment. Renters also pay a premium for their homes, with the median monthly rent for one bedroom apartments reaching upwards of $1,800. Grocery costs and utility bills are also higher than the national average. All in all, living in 20906 Aspen Hill is not cheap; however, for those who can afford it it's worth every penny.