Chester, MD Cost of Living


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Chester cost of living score
116.3
More expensive
16.3% higher
than the US average
4.0% higher
than the Maryland average
Chester, Maryland gets a BestPlaces Cost of Living score of 116.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.3% higher than the U.S. average and 4.0% lower than the average for Maryland.

Chester, MD

Housing costs in Chester?
A typical home costs $443,100, which is 31.1% more expensive than the national average of $338,100 and 14.2% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Chester costs $2,000 per month, which is 39.9% more than the national average of $1,430 and 19.0% more than the state average of $1,620.

Can I afford Chester?
To live comfortably in Chester, Maryland, a minimum annual income of $84,960 for a family, and $64,800 for a single person is recommended.

What does A.I. say about Chester?
The cost of living in Chester, MD is generally considered to be quite affordable. The median home price is approximately $265,000, and the median household income is around $76,000. Renters can find an apartment for as little as $850 per month. In terms of groceries, prices are comparable to the national average; however, local restaurants offer high quality food at a more reasonable price than larger cities. The overall cost of living in Chester, MD allows residents to enjoy the community without breaking their budget.
   Cost of living score
     CategoriesChesterMarylandUnited States
  116.3111.8100.0
  102.7105.2100
  84.784.2100.0
  130.3124.1100.0
  $443,100$388,100$338,100
  108.0%105.6%100.0%
  118.2119.3100.0
  111.0112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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