Housing costs in Fairland?
A typical home costs
$536,000, which is 58.5% more expensive than the national average of
$338,100 and 38.1% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Fairland costs
$1,900 per month, which is 17.3% more than the national average of
$1,620 and 4.2% more than the state average of
$1,820.
Can I afford Fairland?
To live comfortably in Fairland (zip 20904), Maryland, a minimum annual income of
$102,600 for a family, and
$66,800 for a single person is recommended.
What does A.I. say about Fairland?
The cost of living in 20904 Fairland, MD is quite reasonable. The area has a fairly low median home value of $205,000, which is lower than the national average. The median household income is slightly higher than the national average at $75,490, and the cost of goods and services is also slightly above the national average. Additionally, groceries are also slightly more expensive than the US average due to taxes on food. All in all, Fairland's cost of living index is slightly higher than the national average but still relatively affordable for those who call this area home.