Housing costs in Catonsville?
A typical home costs
$333,900, which is 1.2% less expensive than the national average of
$338,100 and 14.0% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Catonsville costs
$1,550 per month, which is 4.3% cheaper than the national average of
$1,620 and close to the state average of
$1,550.
Can I afford Catonsville?
To live comfortably in Catonsville (zip 21250), Maryland, a minimum annual income of
$64,080 for a family, and
$50,000 for a single person is recommended.
What does A.I. say about Catonsville?
21250 Catonsville, MD boasts an affordable cost of living. According to a 2018 report from Sperling's Best Places, the overall cost of living index for this area is just under the national average at 96%. Groceries, specifically, are well below the national average at 94%, and housing costs are slightly higher at 97%. This indicates that the prices of goods and services here are lower than in other areas of the country. Additionally, despite its proximity to Washington D.C., gas prices tend to be lower than in other areas due to competition between local gas stations. Overall, residents of 21250 Catonsville, MD enjoy a low cost of living without sacrificing accessibility and convenience.