Aspen Hill, MD Cost of Living


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Aspen Hill cost of living score
138.5
More expensive
38.5% higher
than the US average
23.9% higher
than the Maryland average
Aspen Hill, Maryland gets a BestPlaces Cost of Living score of 138.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 38.5% higher than the U.S. average and 23.9% lower than the average for Maryland.

Aspen Hill, MD

Housing costs in Aspen Hill?
A typical home costs $476,500, which is 40.9% more expensive than the national average of $338,100 and 22.8% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Aspen Hill costs $1,840 per month, which is 28.7% more than the national average of $1,430 and 12.0% more than the state average of $1,620.

Can I afford Aspen Hill?
To live comfortably in Aspen Hill, Maryland, a minimum annual income of $91,440 for a family, and $64,400 for a single person is recommended.

What does A.I. say about Aspen Hill?
Aspen Hill, MD has an overall average cost of living that is generally on par with the U.S national rate due largely in part to its comparatively moderate housing prices and taxes alongside reasonably priced utility costs which makes it an attractive option for those looking for value without having to sacrifice modern day amenities or recreational activities located nearby.
   Cost of living score
     CategoriesAspen HillMarylandUnited States
  138.5111.8100.0
  110.2105.2100
  86.884.2100.0
  147.8124.1100.0
  $476,500$388,100$338,100
  106.3%105.6%100.0%
  142.3119.3100.0
  146.5112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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