Housing costs in Bowie?
A typical home costs
$529,600, which is 56.6% more expensive than the national average of
$338,100 and 36.5% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Bowie costs
$2,450 per month, which is 51.2% more than the national average of
$1,620 and 25.7% more than the state average of
$1,820.
Can I afford Bowie?
To live comfortably in Bowie (zip 20720), Maryland, a minimum annual income of
$101,520 for a family, and
$86,400 for a single person is recommended.
What does A.I. say about Bowie?
The cost of living in 20720 Bowie, MD is relatively affordable compared to other areas in the region. The median home value is around $365,000, which is just above the national average. Renters will find plenty of options in Bowie, with the median rent for a two-bedroom apartment costing around $1,650. Other monthly expenses such as groceries and utilities are also generally affordable. In addition, when it comes to taxes, residents of Maryland pay lower overall tax rates than many other states in the country. All this makes 20720 Bowie an attractive place to call home.