Housing costs in Glen Echo?
A typical home costs
$1,095,600, which is 224.0% more expensive than the national average of
$338,100 and 182.3% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Glen Echo costs
$2,510 per month, which is 54.9% more than the national average of
$1,620 and 27.5% more than the state average of
$1,820.
Can I afford Glen Echo?
To live comfortably in Glen Echo (zip 20812), Maryland, a minimum annual income of
$209,880 for a family, and
$88,400 for a single person is recommended.
What does A.I. say about Glen Echo?
The cost of living in 20812 Glen Echo, MD is relatively high compared to the national average. The median home value in the area is $834,800, which is more than double the U.S. median home value of $229,700. Additionally, rental costs are high with a one-bedroom apartment renting for an average of $1,768 per month and a two-bedroom apartment renting for an average of $2,229 per month. Grocery costs are also slightly more expensive than the national average. Despite these higher costs of living, many people choose to live in Glen Echo due to its close proximity to Washington D.C., providing easy access to many cultural and entertaining activities.