Housing costs in Garrett Park?
A typical home costs
$980,700, which is 190.1% more expensive than the national average of
$338,100 and 152.7% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Garrett Park costs
$2,100 per month, which is 46.9% more than the national average of
$1,430 and 22.9% more than the state average of
$1,620.
Can I afford Garrett Park?
To live comfortably in Garrett Park, Maryland, a minimum annual income of
$187,920 for a family, and
$74,000 for a single person is recommended.
What does A.I. say about Garrett Park?
Garrett Park, MD is an affluent area with a high cost of living. The median home value is $839,400, which is significantly higher than the national median of $184,700. Rent prices are also quite expensive, with the average rent at around $2,250 per month. Groceries and other household goods tend to be more expensive here than in other areas due to its location in a densely populated urban area. Additionally, transportation costs can be high due to the town鈥檚 lack of public transport options. Despite the high cost of living in Garrett Park MD, it remains an attractive option for many due to its close proximity to Washington D.C., as well as its numerous amenities and safe environment.