Jefferson, MD Cost of Living


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Jefferson cost of living score
113.7
More expensive
13.7% higher
than the US average
1.7% higher
than the Maryland average
Jefferson, 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.

Jefferson, MD

Housing costs in Jefferson?
A typical home costs $475,600, which is 40.7% more expensive than the national average of $338,100 and 22.5% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Jefferson costs $1,180 per month, which is 17.5% cheaper than the national average of $1,430 and 37.3% cheaper than the state average of $1,620.

Can I afford Jefferson?
To live comfortably in Jefferson, Maryland, a minimum annual income of $91,080 for a family, and $41,600 for a single person is recommended.

What does A.I. say about Jefferson?
The cost of living in Jefferson, MD is generally higher than the national average. Housing prices have increased significantly over the past few years, making it difficult for many residents to find affordable homes and apartments. In addition, goods and services such as groceries and transportation can be expensive due to the lack of competition in the area. The overall cost of living in Jefferson is relatively high compared to other places in Maryland.
   Cost of living score
     CategoriesJeffersonMarylandUnited States
  113.7111.8100.0
  109.2105.2100
  84.884.2100.0
  158.7124.1100.0
  $475,600$388,100$338,100
  96.7%105.6%100.0%
  102.5119.3100.0
  127.0112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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