Housing costs in Mount Savage?
A typical home costs
$104,600, which is 69.1% less expensive than the national average of
$338,100 and 73.0% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Mount Savage costs
$890 per month, which is 45.1% cheaper than the national average of
$1,620 and 5.6% more than the state average of
$840.
Can I afford Mount Savage?
To live comfortably in Mount Savage (zip 21545), Maryland, a minimum annual income of
$20,160 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Mount Savage?
The cost of living in 21545 Mount Savage, MD is relatively low compared to other parts of the state. The median home value is just over $80,000, which is lower than the national average, and the median household income is also below the national average. Additionally, the area's taxes are fairly low with no state or local income tax. This makes it an ideal place for those looking for a more affordable lifestyle. The overall cost of living here is quite reasonable and should make it attractive to budget-minded individuals and families.