Housing costs in Cambridge?
A typical home costs
$213,200, which is 36.9% less expensive than the national average of
$338,100 and 45.1% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Cambridge costs
$960 per month, which is 40.7% cheaper than the national average of
$1,620 and 3.1% cheaper than the state average of
$990.
Can I afford Cambridge?
To live comfortably in Cambridge (zip 21613), Maryland, a minimum annual income of
$40,680 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Cambridge?
The cost of living in 21613 Cambridge, MD is relatively high. The median home value in the ZIP code is $187,900, which is 28.5% higher than the Maryland median of $146,000. Cambridge also has a higher-than-average median rent of $1,182 per month, a cost which reflects its location on the Eastern Shore and proximity to nearby cities like Annapolis and Baltimore. Groceries and utilities are slightly lower than the national average in this ZIP code but healthcare costs are 6% higher than average. All things considered, it's clear that living in Cambridge comes with a significant financial price tag.