Housing costs in Thurmont?
A typical home costs
$332,000, which is 1.8% less expensive than the national average of
$338,100 and 14.5% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Thurmont costs
$1,180 per month, which is 27.2% cheaper than the national average of
$1,620 and 54.2% cheaper than the state average of
$1,820.
Can I afford Thurmont?
To live comfortably in Thurmont (zip 21788), Maryland, a minimum annual income of
$63,720 for a family, and
$41,600 for a single person is recommended.
What does A.I. say about Thurmont?
The cost of living in Thurmont, MD is quite low compared to other areas in the United States. According to recent estimates, the overall cost of living index for 21788 Thurmont is 90.5, which is 10.5% less than the national average and 8.2% lower than Maryland's average. Housing costs account for a large portion of this index, with a median home cost of $211,100 being 13.9% lower than the national median home cost and 5.4% lower than Maryland's median home cost. Other costs are also quite reasonable; for example, transportation expenses are 11% lower than the national average and 9% lower than Maryland's average. Overall, it is clear that living in Thurmont provides an affordable lifestyle for its residents.