Housing costs in Callaway?
A typical home costs
$379,300, which is 12.2% more expensive than the national average of
$338,100 and 2.3% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Callaway costs
$1,470 per month, which is 2.8% more than the national average of
$1,430 and 10.2% cheaper than the state average of
$1,620.
Can I afford Callaway?
To live comfortably in Callaway (zip 20620), Maryland, a minimum annual income of
$72,720 for a family, and
$48,400 for a single person is recommended.
What does A.I. say about Callaway?
The cost of living in Callaway, MD 20620 is quite affordable. The median home value in the area is approximately $179,000, which is much lower than the national average and makes it an attractive option for potential residents. In addition, the median household income is around $55,000, providing families with a comfortable lifestyle. Groceries are also relatively affordable in this area; the local grocery stores typically offer discounted prices on frequently purchased items like milk and bread. Finally, due to the relatively low population density of this area, there are few major businesses or corporations located here; as such, rent and other living expenses tend to be quite reasonable.