Housing costs in Piney Point?
A typical home costs
$417,600, which is 23.5% more expensive than the national average of
$338,100 and 7.6% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Piney Point costs
$1,460 per month, which is 9.9% cheaper than the national average of
$1,620 and 9.6% cheaper than the state average of
$1,600.
Can I afford Piney Point?
To live comfortably in Piney Point (zip 20674), Maryland, a minimum annual income of
$79,920 for a family, and
$48,400 for a single person is recommended.
What does A.I. say about Piney Point?
The cost of living in 20674 Piney Point, MD is higher than the national average. The median household income in the area is $118,141 and the median home price is $789,900. This can present an obstacle to those who are seeking a more affordable option for living in the area. Renting can be more expensive here than in other parts of the country due to the high demand for housing in the area. Additionally, utilities and transportation costs can also be relatively high when compared to other places. Despite these higher costs, living in Piney Point offers many benefits that people may find worth the expense such as close proximity to Washington D.C., access to highly rated schools and plenty of local amenities for entertainment and shopping.