Fort Meade, MD Cost of Living


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Fort Meade cost of living score
114.7
More expensive
14.7% higher
than the US average
2.6% higher
than the Maryland average
Fort Meade, Maryland gets a BestPlaces Cost of Living score of 114.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.7% higher than the U.S. average and 2.6% lower than the average for Maryland.

Fort Meade, MD

Housing costs in Fort Meade?
A typical home costs $466,800, which is 38.1% more expensive than the national average of $338,100 and 20.3% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Fort Meade costs $2,090 per month, which is 46.2% more than the national average of $1,430 and 22.5% more than the state average of $1,620.

Can I afford Fort Meade?
To live comfortably in Fort Meade, Maryland, a minimum annual income of $89,280 for a family, and $67,600 for a single person is recommended.

What does A.I. say about Fort Meade?
The cost of living in Fort Meade, MD is quite reasonable. The median home value is around $254,000, which is slightly lower than the national average. Renting a one bedroom apartment averages around $1250 per month while two bedroom apartments run closer to $1600 per month. Groceries and other necessities tend to be a bit more expensive than other places in Maryland but are still relatively affordable with the overall cost of living being about 10% above the national average.
   Cost of living score
     CategoriesFort MeadeMarylandUnited States
  114.7111.8100.0
  100.8105.2100
  83.184.2100.0
  86.6124.1100.0
  $466,800$388,100$338,100
  108.2%105.6%100.0%
  85.4119.3100.0
  126.9112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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