Housing costs in Eldersburg?
A typical home costs
$504,400, which is 49.2% more expensive than the national average of
$338,100 and 30.0% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Eldersburg costs
$1,450 per month, which is 10.5% cheaper than the national average of
$1,620 and 6.9% cheaper than the state average of
$1,550.
Can I afford Eldersburg?
To live comfortably in Eldersburg (zip 21784), Maryland, a minimum annual income of
$96,480 for a family, and
$46,800 for a single person is recommended.
What does A.I. say about Eldersburg?
The cost of living in 21784 Eldersburgh, MD is generally quite reasonable. Prices for groceries, entertainment, and other basic necessities are comparable to the national average. However, housing prices can be significantly higher than the national average, as the area is quite desirable due to its close proximity to Baltimore and Washington D.C. There are plenty of affordable housing options available throughout the town, but they may be more limited if you desire something close to downtown or have a particular size or location in mind.