Potomac, MD Cost of Living


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

Potomac, MD

Housing costs in Potomac?
A typical home costs $1,195,800, which is 253.7% more expensive than the national average of $338,100 and 208.1% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Potomac costs $2,750 per month, which is 92.3% more than the national average of $1,430 and 41.1% more than the state average of $1,620.

Can I afford Potomac?
To live comfortably in Potomac, Maryland, a minimum annual income of $228,960 for a family, and $96,400 for a single person is recommended.

What does A.I. say about Potomac?
Potomac, MD has an overall above average cost of living thanks largely in part to its high real estate values and tax rates when compared other places within Maryland and the nation as a whole but can vary depending on neighborhood so one must shop around if they want the best deal available during their search for a place to call home here too.
   Cost of living score
     CategoriesPotomacMarylandUnited States
  138.5111.8100.0
  119.1105.2100
  86.884.2100.0
  371.1124.1100.0
  $1,195,800$388,100$338,100
  106.3%105.6%100.0%
  135.8119.3100.0
  146.6112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Potomac
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Over 16 years ago

Spring and Fall can be quite glorious when the leaves turn or the tulips pop out and the humidity is lower. Winter, while it has some splendid "snow days," goes on much  More

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Over 16 years ago

The Potomac area in Montgomery County, Maryland, has the best of everything. High schools rated in the top 5 in the State, easy access to the Nation's Capitol,  More

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