Housing costs in Elkridge?
A typical home costs
$442,400, which is 30.8% more expensive than the national average of
$338,100 and 14.0% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Elkridge costs
$2,040 per month, which is 25.9% more than the national average of
$1,620 and 24.0% more than the state average of
$1,550.
Can I afford Elkridge?
To live comfortably in Elkridge (zip 21075), Maryland, a minimum annual income of
$84,600 for a family, and
$66,000 for a single person is recommended.
What does A.I. say about Elkridge?
The cost of living in 21075 Elkridge, MD is generally higher than the national average. Groceries and healthcare tend to be slightly more expensive than other places in the United States. The median household income is also higher than the national average, at around $109,000 per year. Housing costs can also be a bit higher due to its location in suburban Maryland, with the median home value for 21075 Elridge reaching as high as $409,800. Despite these higher costs, however, there are still deals to be found and Elkridge offers plenty of amenities that make it a desirable place to live.