Housing costs in Welcome?
A typical home costs
$433,500, which is 28.2% more expensive than the national average of
$338,100 and 11.7% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Welcome costs
$1,630 per month, which is 14.0% more than the national average of
$1,430 and close to the state average of
$1,620.
Can I afford Welcome?
To live comfortably in Welcome (zip 20693), Maryland, a minimum annual income of
$83,160 for a family, and
$57,200 for a single person is recommended.
What does A.I. say about Welcome?
The cost of living in Welcome, MD (20693) is relatively high compared to other areas. The median home price in Welcome is roughly $238,000, which is approximately 15% higher than the national average. Additionally, the overall cost of goods and services in Welcome tends to be slightly higher than the national average. As a result, residents can expect to pay considerably more for goods and services such as groceries, housing, clothing, entertainment and more. However, due to its small size and rural setting, Welcome boasts an excellent quality of life with plenty of outdoor activities and recreational opportunities.