Housing costs in Delmar?
A typical home costs
$252,600, which is 25.3% less expensive than the national average of
$338,100 and 34.9% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Delmar costs
$1,140 per month, which is 29.6% cheaper than the national average of
$1,620 and 4.4% more than the state average of
$1,090.
Can I afford Delmar?
To live comfortably in Delmar (zip 21875), Maryland, a minimum annual income of
$48,240 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about Delmar?
The cost of living in 21875 Delmar, MD is relatively low compared to many other areas in the United States. The overall cost of living index for this area is 87.1 which is lower than the national average of 100. Housing prices are very affordable with the median list price for homes being around $175,000. Utilities and groceries are also quite inexpensive, making it an ideal place for those looking to save money as they establish their home. Additionally, there are no state income taxes in Maryland which can make a big difference in people's financial situation over time.