Chevy Chase, MD Cost of Living

3 Reviews

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Chevy Chase cost of living score
More expensive
38.5% higher
than the US average
23.9% higher
than the Maryland average
Chevy Chase, 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.

Chevy Chase, MD

Housing costs in Chevy Chase?
A typical home costs $1,617,200, which is 378.3% more expensive than the national average of $338,100 and 316.7% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Chevy Chase costs $2,450 per month, which is 71.3% more than the national average of $1,430 and 33.9% more than the state average of $1,620.

Can I afford Chevy Chase?
To live comfortably in Chevy Chase, Maryland, a minimum annual income of $309,960 for a family, and $86,000 for a single person is recommended.

What does A.I. say about Chevy Chase?
The cost of living in Chevy Chase Town, MD is quite high. According to Best Places, the median home cost is over one million dollars and the median household income is over $200,000. The area has been ranked as one of the most expensive places to live in Maryland and it is not unusual for the real estate market to have homes selling for well over two million dollars. Despite the high costs associated with living in Chevy Chase Town, it remains an incredibly desirable place to live due to its close proximity to Washington D.C., excellent schools, safe neighborhoods, great restaurants, and an array of recreational activities available nearby.
   Cost of living score
     CategoriesChevy ChaseMarylandUnited States

   100=National Average

   Average Rent by Bedroom Size
Reviews for Chevy Chase
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Over 16 years ago

Overall an nice place to live if you don't mind bad traffic. Though Chevy Chase is a close-in suburb, traffic can make traveling short distances by car very taxing.   More

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Over 16 years ago

Chevy Chase is great because it offers neighborhoods and parks and is only about 5 miles from the center of DC. While it looks like a quiet place, the pace of life is  More

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Over 17 years ago

CC MD -- great schools, neighborhoods, highly community active -- the state and county does a great job on services. But the identity is to Wash, DC. This is a place  More

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