Housing costs in Preston?
A typical home costs
$272,400, which is 19.4% less expensive than the national average of
$338,100 and 29.8% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Preston costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 54.3% cheaper than the state average of
$1,620.
Can I afford Preston?
To live comfortably in Preston (zip 21655), Maryland, a minimum annual income of
$52,200 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Preston?
The cost of living in 21655 Preston, MD is slightly above the national average. Housing prices are fairly high, with a median home price of $261,700 and monthly rent prices around $1,133 for a one bedroom apartment. Utilities can also be quite costly as most households see an average electric bill between $150-$200 per month. Grocery costs are comparable to the national average with an overall index score of 101.4. Transportation costs can be kept low if you have your own vehicle but there is public transportation available as well which can drive up the costs significantly. Overall, the cost of living in Preston is slightly higher than the national average but is still considered to be fairly affordable for most individuals and families looking to relocate to this area.