Housing costs in Lonaconing?
A typical home costs
$93,500, which is 72.3% less expensive than the national average of
$338,100 and 75.9% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Lonaconing costs
$820 per month, which is 49.4% cheaper than the national average of
$1,620 and 2.4% cheaper than the state average of
$840.
Can I afford Lonaconing?
To live comfortably in Lonaconing (zip 21539), Maryland, a minimum annual income of
$18,000 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Lonaconing?
The cost of living in 21539 Lonaconing, MD is relatively low compared to the rest of the country. The overall cost of living index is 87, which is 13 points lower than the national average. Housing costs are well below the national average at just 73 points on the index. Groceries, transportation, and healthcare costs are all slightly above average. However, utilities and miscellaneous expenses are much lower than average which helps to offset some of these expenses. Overall, it can be concluded that living in 21539 Lonaconing, MD is very affordable and provides a great quality of life for those who choose to live there.