The 7 most affordable cities for buying a new home in 2021

Relating to job alternatives, authorities employment performs a giant function in Baltimore and Maryland’s economic system. Primarily based on 2019 census knowledge, authorities employees in Maryland numbered 490,076.

“Of those, 145,695 had been federal employees, 99,127 labored for State authorities, and 245,253 had been employed by the county and municipal governments,” based on Maryland State Archives.

Furthermore, Washington D.C. and New York Metropolis are conveniently accessible to drivers and commuters residing in Baltimore. Residents can work in these costlier places with out paying NYC or D.C. charges.

Relating to prices of residing, grocery, healthcare, and housing bills in Baltimore are decrease than the nationwide common. Nonetheless, transportation and utility prices are greater than nationwide averages by 7% and 24% respectively, based on Bestplaces.web.

6. Milwaukee, Wis.

  • Median dwelling worth: $159,779
  • Median family revenue: $41,838
  • Annual dwelling insurance coverage price: $947
  • Value of Residing Index: 84.9

This metropolis is the financial and cultural middle of the Milwaukee metropolitan area, which is the fourth-most densely populated metro within the Midwest.

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