
Housing costs in Cobb Island?
A typical home costs
$326,600, which is 3.4% less expensive than the national average of
$338,100 and 15.8% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Cobb Island costs
$1,610 per month, which is 0.6% cheaper than the national average of
$1,620 and 13.0% cheaper than the state average of
$1,820.
Can I afford Cobb Island?
To live comfortably in Cobb Island (zip 20625), Maryland, a minimum annual income of
$62,640 for a family, and
$56,800 for a single person is recommended.
What does A.I. say about Cobb Island?
The cost of living in 20625 Cobb Island, MD is relatively high compared to other areas in the state. This is due to the fact that it is a waterfront community and offers access to numerous recreational activities. The median home price in 20625 Cobb Island is about $435,000, which is considerably higher than the national average of $231,200. In addition to higher home prices, goods and services also tend to be more expensive than average. Groceries, utilities, and transportation costs are all slightly above the national averages though they are still generally considered affordable for most households.