Housing costs in Newcomb?
A typical home costs
$371,700, which is 9.9% more expensive than the national average of
$338,100 and 4.2% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Newcomb costs
$1,210 per month, which is 15.4% cheaper than the national average of
$1,430 and 33.9% cheaper than the state average of
$1,620.
Can I afford Newcomb?
To live comfortably in Newcomb (zip 21653), Maryland, a minimum annual income of
$71,280 for a family, and
$42,800 for a single person is recommended.
What does A.I. say about Newcomb?
The cost of living in 21653 Newcomb, MD is relatively affordable compared to other locations in the state. According to BestPlaces, the overall cost of living index in Newcomb is 86.97, which is 7% lower than the Maryland average. Housing costs are especially low with an index score of 64.77, nearly 24% lower than the state average. Additionally, groceries and transportation costs both remain under the national average as well. All together, this makes Newcomb a great place for those looking for a budget-friendly location to live within Maryland.