Chevy Chase Section Three, MD Cost of Living


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Chevy Chase Section Three cost of living score
138.5
More expensive
38.5% higher
than the US average
23.9% higher
than the Maryland average
Chevy Chase Section Three, 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 Section Three, MD

Housing costs in Chevy Chase Section Three?
A typical home costs $1,581,200, which is 367.7% more expensive than the national average of $338,100 and 307.4% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Chevy Chase Section Three 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 Section Three?
To live comfortably in Chevy Chase Section Three, Maryland, a minimum annual income of $303,120 for a family, and $86,000 for a single person is recommended.

What does A.I. say about Chevy Chase Section Three?
The cost of living in Chevy Chase Section Three, MD is relatively high compared to other parts of the country. Housing costs are especially high due to the popularity of the area and its proximity to Washington DC. The median home price is over $1 million and the average rent for a two-bedroom apartment is around $2,500 per month. Additionally, the area has an array of upscale restaurants, bars, and shopping that add to its high cost of living. While it can be costly to live here, there are also many advantages such as great schools, easy access to public transportation, and a strong job market.
   Cost of living score
     CategoriesChevy Chase Section ThreeMarylandUnited States
  138.5111.8100.0
  118.9105.2100
  86.884.2100.0
  386.7124.1100.0
  $1,581,200$388,100$338,100
  104.8%105.6%100.0%
  132.0119.3100.0
  146.2112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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