Housing costs in Eldersburg?
A typical home costs
$652,200, which is 92.9% more expensive than the national average of
$338,100 and 68.0% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Eldersburg costs
$2,320 per month, which is 43.2% more than the national average of
$1,620 and 33.2% more than the state average of
$1,550.
Can I afford Eldersburg?
To live comfortably in Eldersburg (zip 21104), Maryland, a minimum annual income of
$124,920 for a family, and
$75,200 for a single person is recommended.
What does A.I. say about Eldersburg?
The cost of living in 21104 Eldersburg, MD is somewhat high compared to other areas of the state. The median home value is $330,400, which is significantly higher than the Maryland median home value of $280,000. This indicates that housing costs in the area are above average. Furthermore, goods and services cost 7% more than the national average. Additionally, monthly utility bills tend to be around 20% higher than similar areas in Maryland. All these factors contribute to a higher cost of living in 21104 Eldersburg, MD.