Housing costs in Gaithersburg?
A typical home costs
$630,400, which is 86.5% more expensive than the national average of
$338,100 and 62.4% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Gaithersburg costs
$2,010 per month, which is 24.1% more than the national average of
$1,620 and 9.5% more than the state average of
$1,820.
Can I afford Gaithersburg?
To live comfortably in Gaithersburg (zip 20878), Maryland, a minimum annual income of
$120,960 for a family, and
$70,400 for a single person is recommended.
What does A.I. say about Gaithersburg?
The cost of living in Gaithersburg, MD 20878 is relatively high compared to other cities in the United States. Prices for housing, groceries, and utilities are all above the national average. Transportation costs are also higher than the national average due to limited public transportation options within the city limits. Despite these higher costs, Gaithersburg is a great place to live due to its close proximity to Washington D.C., allowing easy access to many of the attractions and job opportunities that come with living near a major city.