Housing costs in New Carrollton?
A typical home costs
$365,900, which is 8.2% more expensive than the national average of
$338,100 and 5.7% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in New Carrollton costs
$1,510 per month, which is 6.8% cheaper than the national average of
$1,620 and 20.5% cheaper than the state average of
$1,820.
Can I afford New Carrollton?
To live comfortably in New Carrollton (zip 20784), Maryland, a minimum annual income of
$70,200 for a family, and
$53,200 for a single person is recommended.
What does A.I. say about New Carrollton?
The cost of living in 20784 New Carrollton, MD is fairly affordable. According to BestPlaces, the city's overall cost of living index is rated at 84.5 out of 100, which means it is 15.5% cheaper than average US cities. The consumer price index for the area is 96.2%, and rent prices are 9.6% lower than the US average. Groceries, transportation, and health care costs also remain slightly lower than the national averages. All in all, 20784 New Carrollton, MD offers reasonably priced living expenses compared to other similar locations across the country.