Housing costs in Redland?
A typical home costs
$594,000, which is 75.7% more expensive than the national average of
$338,100 and 53.1% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Redland costs
$2,150 per month, which is 32.7% more than the national average of
$1,620 and 15.3% more than the state average of
$1,820.
Can I afford Redland?
To live comfortably in Redland (zip 20855), Maryland, a minimum annual income of
$113,760 for a family, and
$75,600 for a single person is recommended.
What does A.I. say about Redland?
The cost of living in 20855 Redland, MD is slightly higher than the national average. This is largely due to the fact that it is a suburb of Washington D.C., so many of the amenities and businesses charge more in this area than they do elsewhere. Housing prices in the area are on the higher end, with median home values being around $417,000. Groceries, transportation, and utilities also tend to be more costly compared to other cities in Maryland. All in all, while Redland may be a little more expensive than most places, its proximity to D.C. and its beautiful suburban atmosphere still make it an excellent place to live.