Potomac Park, MD Cost of Living


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Potomac Park cost of living score
73.2
Less expensive
26.8% lower
than the US average
34.5% lower
than the Maryland average
Potomac Park, Maryland gets a BestPlaces Cost of Living score of 73.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.8% lower than the U.S. average and 34.5% lower than the average for Maryland.

Potomac Park, MD

Housing costs in Potomac Park?
A typical home costs $135,800, which is 59.8% less expensive than the national average of $338,100 and 65.0% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Potomac Park costs $860 per month, which is 39.9% cheaper than the national average of $1,430 and 88.4% cheaper than the state average of $1,620.

Can I afford Potomac Park?
To live comfortably in Potomac Park, Maryland, a minimum annual income of $25,920 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Potomac Park?
The cost of living in Potomac Park, MD is generally quite high. Due to its close proximity to the nation’s capital, housing costs are some of the highest in the state. The median home value for Potomac Park is around $620,000, and renting can be just as expensive. Shopping and dining out can also be pricier than other areas due to the higher demand from affluent residents and tourists. However, there are still plenty of affordable options available in town while still keeping up with the area’s luxury vibes.
   Cost of living score
     CategoriesPotomac ParkMarylandUnited States
  73.2111.8100.0
  101.1105.2100
  84.284.2100.0
  32.0124.1100.0
  $135,800$388,100$338,100
  91.9%105.6%100.0%
  84.0119.3100.0
  80.6112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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