"}}, {"@type": "Question", "name": "What is the cost of living in Maryland? But both offer beautiful views. The small town of Freeport has just over 12,000 residents and a median age of 27 years old. The place in Maryland with the lowest cost of living according to the data is Cumberland. No, downtown Portland is hardly what one would call a beach town. Determining affordability for places in Maryland boils down to two factors: You need to understand your costs in the context of how much money you make to determine affordability. But, given the choice, well opt for life-affirming ocean breezes, fresh lobster rolls, and jalapeo margaritas on the sandall from our own place! Yes! Like a mini New England beach town, this enclave has its . Population: 6,273Rank Last Year: 4 (Up 1)Home Price To Income Ratio: 3.1x (9th most affordable)Income To Rent Ratio: 83.2x (30th cheapest)More On Hampstead: Real Estate|Crime Rate|Cost Of Living, The Northeast is notorious for sky-high costs of living and at times, Maryland, can be no exception. While the cost of living has surely changed since then, Walkersville still offers a high quality of life with a relatively low price tag. But the city leads to two nice oceanfront areas nearby. Charleston may not be the most affordable city in the nation, but as far as beach towns are concerned, it is absolutely more affordable than others. The only way to get most of the living experience in a town full of beautiful beaches is to own a beach home. For more content like this follow. But if you buy in a place thats not desirable to other beachgoers, you might have a hard time selling or renting it out. Frederick bills itself as a hip and historic destination, and its easy to see why. Cape May, New Jersey. These days its more known for something else: killer real estate deals near some of the northeasts widest, sandiest beaches. On average, residents pay more for goods, services, groceries and healthcare, but pay less for housing and transportation. Myrtle Beach, South Carolina. A rank that makes jumping into homeownership slightly less appealing. Many of the homes on the water are raised or on stilts. Just a few blocks from the beach, this open-concept home is available for $325,000. What are some waterfront hotels or coastal cottages in Maryland? They come from as far away as Boston, Ohio, and even California to Jacksonville, which rose from second place last year to nab the top spot in 2019. I mean, at $533,100, Poolesville has the highest median home price on this list by a wide margin. We then ranked these metros based on their median prices for the 12-month period ofMay 2018 to April 2019. If your budget is tighter, the areas median rent rate of $1,115 isnt bad too. Havre de Grace 9. He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move. So, if you care about home values, cost of living, and gold star quality of life, take a look at the list below to see where your Maryland dollar will let you live like a Baltimore Raven on a crabbers salary. With a low unemployment rate of just 1.02%, residents can feel secure in their jobs. Eager buyers can still find the right propertyif they move quickly and are willing to be flexible on contingencies, price, and have a healthy deposit to put down, Howey says. Most Affordable Beach Towns - 2021 Edition - SmartAsset The area is full of two- and three-bedroom 1940s Cape Codders and bungalows. Heck, theres a reason Little America is the 19th most populous in the country. You can explore lovely museums, historic homes and linger on the 2.2 miles of beautiful beach. Long Beach can get busy, though, especially when it hosts the Rod Run to the End of the World event and thousands of car enthusiasts descend on the beach.
What we discovered were a sometimes surprising selection of sun-and-sand options that are a lot more financially feasible than a country cottage inthe Hamptonsor Malibu, CA. Elkton 7. @media(min-width:0px){#div-gpt-ad-homesnacks_com-large-mobile-banner-1-0-asloaded{max-width:320px!important;max-height:50px!important}}if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'homesnacks_com-large-mobile-banner-1','ezslot_11',114,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-large-mobile-banner-1-0');@media(min-width:0px){#div-gpt-ad-homesnacks_com-large-mobile-banner-1-0_1-asloaded{max-width:320px!important;max-height:50px!important}}if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'homesnacks_com-large-mobile-banner-1','ezslot_12',114,'0','1'])};__ez_fad_position('div-gpt-ad-homesnacks_com-large-mobile-banner-1-0_1');.large-mobile-banner-1-multi-114{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:5px!important;margin-left:auto!important;margin-right:auto!important;margin-top:5px!important;max-width:100%!important;min-height:50px;padding:0;text-align:center!important}. A local real estate agent can answer questions, give guidance, and schedule home tours. While beachfront homes in Virginia Beach tend to cost upward of $500,000, it is possible to find oceanfront condos on the outskirts and in neighboring towns starting in the low $200,000s. Comfy stays at affordable prices, with plenty of options in popular neighborhoods. The community is the intersecting point for four major highways, including the Baltimore-Washington Parkway and the Capital Beltway, so its easy for residents to quickly travel to cities in the surrounding metropolitan area. With a median rent price of just $901, Brunswick is one of the cheapest places to live in Maryland. 15 Best Small Towns in Maryland for a Weekend Escape - Virginia Travel Tips As we do every summer, we scoured the United States 95,471 miles of shoreline to locate the most affordable beach towns in the nation. With a median list price of about $285,000 in Ocean City, second-home seekers who want to stroll its miles-long sandy beach and shop-lined boardwalk can get into a two-bedroom, two-bath condo overlooking the ocean for around $250,000. From Memorial Day through Labor Day (and beyond), beach lovers across the U.S. find themselves dreaming of escaping the hellish deadlines, soul-sucking commutes, and humdrum daily grindand trading it all in for salty ocean breezes, caipirinhas on the sand, and fresh lobster rolls from a seafood joint around the corner. HomeSnacks is reader-supported. But the metros real beach town isScarborough, ME, about 20 minutes south of downtown. The county in Maryland with the lowest cost of living is Frederick County. Nature lovers are fond of the Karen Beasley Sea Turtle Rescue and Rehabilitation Center, in Surf City, a fun attraction for children and adults. You wouldnt know that Maryland is one of the most expensive states in America living in Taneytown, where the median home price is $266,500 and the median income is $75,167. A famous beach resort town in the late 1800s until the early 20th century, Betterton was the place to see and be seen during the hot summer. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. Brunswick is one of the best places to live in the state. The community is also a suburb of Baltimore. The cost of living in Maryland is 12.5% higher than the US average. Its where NirvanafrontmanKurt Cobainhailed from. St. Michael's The name came from the parish that settled there in 1677 as the church was known for luring in settlers who wanted to grow tobacco and get into shipbuilding. If it's racing season or Spring Break, forget about it. Stroll down cobblestone streets and dine al fresco while enjoying beautiful views of the Potomac River and DC in the background. Population: 7,282Rank Last Year: 8 (Up 3)Home Price To Income Ratio: 3.4x (15th most affordable)Income To Rent Ratio: 63.6x (36th cheapest)More On Frostburg: Real Estate|Crime Rate|Cost Of Living, Taneytown is no stranger to the Homesnacks spotlight; we already named it the second safest place in Maryland, so finding out that you can live here for next to nothing is just icing on the cake. Residents and visitors to Hampton are close to the excitement and fun of Virginia Beach as well as the museums, performing arts, restaurants and other attractions. Gaithersburg Still, Hilo is all about the traditional roots of Hawaii culture. Greenbelt is another Washington, D.C, suburb as its less than 15 miles from the capital city. The natural harbor that it sits on is one of the best ports along the entire eastern seaboard. The town is also much quieter than other towns along Mississippi's Gulf Coast.