Housing costs in Crofton?
A typical home costs
$422,200, which is 24.9% more expensive than the national average of
$338,100 and 8.8% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Crofton costs
$2,160 per month, which is 33.3% more than the national average of
$1,620 and 28.2% more than the state average of
$1,550.
Can I afford Crofton?
To live comfortably in Crofton (zip 21114), Maryland, a minimum annual income of
$81,000 for a family, and
$70,000 for a single person is recommended.
What does A.I. say about Crofton?
The cost of living in 21114 Crofton, MD is relatively low. According to the Cost of Living Index, housing is 22% lower than the national average and groceries are 5% below the national average. However, utilities are slightly above the national average at 3%. This could be attributed to Maryland’s higher energy costs due to its proximity to major cities. All in all, residents of 21114 Crofton can expect a lower cost of living compared to other areas in the state and nation.