Housing costs in Taylors Island?
A typical home costs
$685,700, which is 102.8% more expensive than the national average of
$338,100 and 76.7% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Taylors Island costs
$990 per month, which is 38.9% cheaper than the national average of
$1,620 and close to the state average of
$990.
Can I afford Taylors Island?
To live comfortably in Taylors Island (zip 21669), Maryland, a minimum annual income of
$131,400 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Taylors Island?
The cost of living in 21669 Taylors Island, MD is relatively low compared to the US average. Property and rental costs are more affordable and utilities such as electricity, water, gas, and waste disposal fees are all below the US average. There are also no state income taxes in Maryland. The local economy is largely based on industries such as fishing, farming, oyster harvesting, and tourism. This means that goods and services are widely available at a reasonable price. Overall, the cost of living in Taylors Island is quite manageable for most people.