Housing costs in Chesapeake Beach?
A typical home costs
$424,800, which is 25.6% more expensive than the national average of
$338,100 and 9.5% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Chesapeake Beach costs
$1,680 per month, which is 3.7% more than the national average of
$1,620 and 8.3% cheaper than the state average of
$1,820.
Can I afford Chesapeake Beach?
To live comfortably in Chesapeake Beach (zip 20732), Maryland, a minimum annual income of
$81,360 for a family, and
$59,200 for a single person is recommended.
What does A.I. say about Chesapeake Beach?
The cost of living in 20732 Chesapeake Beach, MD is relatively high. The overall cost of living is 11% higher than the national average. The median home value is $459,000, and the median rent price is approximately $2,100 per month. Groceries are also more expensive than average, with an index score of 108. Additionally, transportation costs are higher than the national average. The cost of gas and auto maintenance tend to be expensive compared to other areas of the country. Despite these higher costs, Chesapeake Beach provides amazing access to beaches and parks that make it a great place to live.