Housing costs in La Plata?
A typical home costs
$439,500, which is 30.0% more expensive than the national average of
$338,100 and 13.2% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in La Plata costs
$1,620 per month, which is 0.0% cheaper than the national average of
$1,620 and 12.3% cheaper than the state average of
$1,820.
Can I afford La Plata?
To live comfortably in La Plata (zip 20646), Maryland, a minimum annual income of
$84,240 for a family, and
$57,200 for a single person is recommended.
What does A.I. say about La Plata?
The cost of living in 20646 La Plata, MD is quite reasonable. The median home price in the area is around $275,000, and the median household income is just over $80,000. As such, housing prices are relatively low compared to other parts of Maryland, making it an attractive option for families looking to buy a home without breaking the bank. Additionally, the overall cost of living in La Plata is lower than the national average. Groceries and transportation costs are particularly affordable when compared to other cities in Maryland and the country as a whole. This makes La Plata an ideal location for those seeking to live comfortably on a budget.