Housing costs in Severna Park?
A typical home costs
$672,300, which is 98.8% more expensive than the national average of
$338,100 and 73.2% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Severna Park costs
$2,100 per month, which is 29.6% more than the national average of
$1,620 and 26.2% more than the state average of
$1,550.
Can I afford Severna Park?
To live comfortably in Severna Park (zip 21146), Maryland, a minimum annual income of
$128,880 for a family, and
$68,000 for a single person is recommended.
What does A.I. say about Severna Park?
The cost of living in 21146 Severna Park, MD is relatively high. According to BestPlaces, the cost of living index for Severna Park is 134.9, which means it's 34.9% higher than the national average. The median home price in Severna Park is $461,500 and the median household income is $117,468 making it one of the most expensive places to live in Maryland. Groceries and restaurant prices are also higher than average nationwide. Despite this, residents of Severna Park benefit from its proximity to both Baltimore and Annapolis as well as its low unemployment rate and good schools.