North Potomac, MD Cost of Living


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North Potomac cost of living score
138.5
More expensive
38.5% higher
than the US average
23.9% higher
than the Maryland average
North Potomac, 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.

North Potomac, MD

Housing costs in North Potomac?
A typical home costs $776,200, which is 129.6% more expensive than the national average of $338,100 and 100.0% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in North Potomac costs $2,120 per month, which is 48.3% more than the national average of $1,430 and 23.6% more than the state average of $1,620.

Can I afford North Potomac?
To live comfortably in North Potomac, Maryland, a minimum annual income of $148,680 for a family, and $74,400 for a single person is recommended.

What does A.I. say about North Potomac?
The cost of living in North Potomac, MD is quite high compared to other parts of the country. The median home value is approximately $547,200, which is significantly higher than the national median home value of $184,700. Additionally, the median household income in this area is about $124,000, while elsewhere in the US it is typically much lower. Overall, North Potomac is a great place to live if you can afford its steep cost of living.
   Cost of living score
     CategoriesNorth PotomacMarylandUnited States
  138.5111.8100.0
  113.8105.2100
  86.884.2100.0
  263.1124.1100.0
  $776,200$388,100$338,100
  104.8%105.6%100.0%
  139.0119.3100.0
  146.5112.5100.0

   100=National Average

   Average Rent by Bedroom Size
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Over 17 years ago

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