Housing costs in Columbia?
A typical home costs
$466,100, which is 37.9% more expensive than the national average of
$338,100 and 20.1% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Columbia costs
$2,100 per month, which is 29.6% more than the national average of
$1,620 and 26.2% more than the state average of
$1,550.
Can I afford Columbia?
To live comfortably in Columbia (zip 21046), Maryland, a minimum annual income of
$89,280 for a family, and
$68,000 for a single person is recommended.
What does A.I. say about Columbia?
The cost of living in Columbia, MD is higher than the national average due to its close proximity to Washington, D.C. and Baltimore. Prices for housing, groceries, and transportation expenses are particularly elevated compared to other cities throughout the country. The median home value in this zip code is around $400,000 while rent prices for a three-bedroom apartment average about $2,200 per month. Grocery prices are also higher than those found elsewhere in Maryland as well as the United States on average. Finally, public transportation costs can be quite expensive; a one-way trip between D.C. and Columbia can cost up to $7.50 each way. Although living in Columbia is not cheap by any stretch of the imagination, it offers many amenities that make up for the high price tag.