Housing costs in Edgewood?
A typical home costs
$426,300, which is 26.1% more expensive than the national average of
$338,100 and 9.8% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Edgewood costs
$1,510 per month, which is 6.8% cheaper than the national average of
$1,620 and 2.6% cheaper than the state average of
$1,550.
Can I afford Edgewood?
To live comfortably in Edgewood (zip 21010), Maryland, a minimum annual income of
$81,720 for a family, and
$48,800 for a single person is recommended.
What does A.I. say about Edgewood?
The cost of living in 21010 Edgewood, MD is relatively affordable. The median home price in this zip code is $234,000, which is well below the national average and significantly lower than many other areas of Maryland. Rent for a one-bedroom apartment typically ranges from $1000-$1500 per month, depending on the size and location. Groceries and other goods are competitively priced and there are plenty of amenities to take advantage of in the area. Additionally, the local taxes are quite low compared to many other cities. This makes 21010 Edgewood an attractive place to live for those looking for an affordable place with all the modern conveniences close by.