Housing costs in Newburg?
A typical home costs
$372,200, which is 10.1% more expensive than the national average of
$338,100 and 4.1% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Newburg costs
$1,660 per month, which is 2.5% more than the national average of
$1,620 and 9.6% cheaper than the state average of
$1,820.
Can I afford Newburg?
To live comfortably in Newburg (zip 20664), Maryland, a minimum annual income of
$71,280 for a family, and
$58,400 for a single person is recommended.
What does A.I. say about Newburg?
The cost of living in 20664 Newburg, MD is relatively affordable. According to BestPlaces, the estimated cost of living index for this area is 85.51, which is 15% lower than the U.S. average. The median home price for the area is $151,720 and the average rent price is a little over $1,000 per month. The area has reasonable prices for groceries and utilities as well. Overall, 20664 Newburg, MD offers an affordable lifestyle with plenty of amenities nearby to make it a desirable place to live.