Housing costs in Fort Meade?
A typical home costs
$543,800, which is 60.8% more expensive than the national average of
$338,100 and 40.1% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Fort Meade costs
$2,110 per month, which is 30.2% more than the national average of
$1,620 and 26.5% more than the state average of
$1,550.
Can I afford Fort Meade?
To live comfortably in Fort Meade (zip 20755), Maryland, a minimum annual income of
$104,040 for a family, and
$68,400 for a single person is recommended.
What does A.I. say about Fort Meade?
The cost of living in 20755 Fort Meade, MD is relatively high compared to other parts of the country. The median home value in Fort Meade is approximately $437,700, which is higher than the national average. Rent prices also tend to be on the higher side with an average one-bedroom apartment costing approximately $1,300 per month and a two-bedroom apartment costing around $1,500 per month. Utility costs are also more expensive here than in some other parts of the country. Overall, living in Fort Meade can be a bit pricier than other places but its great amenities make it worth it for many people.