Housing costs in Chesapeake Ranch Estates?
A typical home costs
$310,900, which is 8.0% less expensive than the national average of
$338,100 and 19.9% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Chesapeake Ranch Estates costs
$1,500 per month, which is 7.4% cheaper than the national average of
$1,620 and 21.3% cheaper than the state average of
$1,820.
Can I afford Chesapeake Ranch Estates?
To live comfortably in Chesapeake Ranch Estates (zip 20657), Maryland, a minimum annual income of
$59,400 for a family, and
$52,800 for a single person is recommended.
What does A.I. say about Chesapeake Ranch Estates?
The cost of living in 20657 Chesapeake Ranch Estates, MD is fairly low compared to other areas. The median home value in the area is just under $230,000, which is well below the national average. The overall cost of living here is 10% lower than the US average. Property taxes are reasonable and many families have found living here to be an affordable option. In addition, there are plenty of local amenities nearby that help to keep expenses low while enjoying an excellent quality of life.