Frederick, MD Cost of Living

19 Reviews

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Frederick cost of living score
More expensive
13.7% higher
than the US average
1.7% higher
than the Maryland average
Frederick, Maryland gets a BestPlaces Cost of Living score of 113.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.7% higher than the U.S. average and 1.7% lower than the average for Maryland.

Frederick, MD

Housing costs in Frederick?
A typical home costs $408,300, which is 20.8% more expensive than the national average of $338,100 and 5.2% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Frederick costs $1,520 per month, which is 6.3% more than the national average of $1,430 and 6.6% cheaper than the state average of $1,620.

Can I afford Frederick?
To live comfortably in Frederick, Maryland, a minimum annual income of $78,120 for a family, and $53,600 for a single person is recommended.

What does A.I. say about Frederick?
Frederick, Maryland has a cost of living index rating slightly higher than that if the nation at 108 due mostly to its moderately high housing costs making up 45% -above the national average 43%. Utility costs are also above average partly owing to expensive power sources such as coal or nuclear energy providing citizens with a generally more expensive option while having access similar amenities found citywide regardless where one calls home. Transportation makes up 12 percent, groceries 9%, healthcare 8% again contributing towards raised total expenses when compared with many other U.S cities .
   Cost of living score
     CategoriesFrederickMarylandUnited States

   100=National Average

   Average Rent by Bedroom Size
Reviews for Frederick
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Over 5 years ago

I have been here 28 years,working in D.C with 3-4 hour commute ,one highway only to travel.Traffic is awful 24-7.Abandoned shopping centers for 10-15 years,& other  More

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Company with the most  More

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Over 10 years ago

Crime seems to be pretty low here. Police do an excellent  More

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