Housing costs in Charlotte Hall?
A typical home costs
$451,300, which is 33.5% more expensive than the national average of
$338,100 and 16.3% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Charlotte Hall costs
$1,430 per month, which is 11.7% cheaper than the national average of
$1,620 and 11.9% cheaper than the state average of
$1,600.
Can I afford Charlotte Hall?
To live comfortably in Charlotte Hall (zip 20622), Maryland, a minimum annual income of
$86,400 for a family, and
$47,200 for a single person is recommended.
What does A.I. say about Charlotte Hall?
The cost of living in Charlotte Hall, MD 20622 is relatively affordable. According to Best Places, the median house value is $265,400 and the median gross rent is $1,559. This is significantly lower than nearby cities such as Washington D.C., making it an attractive option for those looking to relocate or purchase a home in the area. Additionally, groceries and utilities are also more affordable compared to other places in Maryland, helping to keep the overall cost of living down.