Housing costs in Annapolis Junction?
A typical home costs
$576,900, which is 70.6% more expensive than the national average of
$338,100 and 48.6% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Annapolis Junction costs
$2,330 per month, which is 43.8% more than the national average of
$1,620 and 33.5% more than the state average of
$1,550.
Can I afford Annapolis Junction?
To live comfortably in Annapolis Junction (zip 20701), Maryland, a minimum annual income of
$110,520 for a family, and
$75,600 for a single person is recommended.
What does A.I. say about Annapolis Junction?
The cost of living in 20701 Annapolis Junction, MD is quite reasonable. Prices for basic necessities such as groceries, utilities, and transportation are all competitive with the national average. Additionally, housing costs are quite low when compared to other cities in Maryland. The median home value in the area is well below the national average, making it a great choice for those looking for affordable living options in the state. Numerous apartment complexes can be found that offer further affordability and convenience. All in all, 20701 Annapolis Junction offers an ideal combination of convenience and affordability.