Housing costs in Hagerstown?
A typical home costs
$236,300, which is 30.1% less expensive than the national average of
$338,100 and 39.1% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Hagerstown costs
$1,070 per month, which is 34.0% cheaper than the national average of
$1,620 and close to the state average of
$1,080.
Can I afford Hagerstown?
To live comfortably in Hagerstown (zip 21740), Maryland, a minimum annual income of
$45,360 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Hagerstown?
The cost of living in 21740 Hagerstown, MD is quite affordable when compared to other parts of the country. The median home price in Hagerstown is around $150,000 and the median rent is just over $1,000 per month. The cost for groceries and utilities are also relatively low when compared to the national average. In addition, there are no state income taxes in Maryland which further reduces expenses for residents of Hagerstown. With its affordability and convenience, it’s easy to see why Hagerstown remains an attractive option for those looking to relocate in Maryland.