Housing costs in Chevy Chase CDP?
A typical home costs
$1,246,400, which is 268.6% more expensive than the national average of
$338,100 and 221.2% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Chevy Chase CDP costs
$2,360 per month, which is 65.0% more than the national average of
$1,430 and 31.4% more than the state average of
$1,620.
Can I afford Chevy Chase CDP?
To live comfortably in Chevy Chase CDP, Maryland, a minimum annual income of
$238,680 for a family, and
$82,800 for a single person is recommended.
What does A.I. say about Chevy Chase CDP?
The cost of living in Chevy Chase, MD is relatively high, but still slightly below the national average. The median home value is $840,500 and the median rent is $2,523. The area also has a high cost for groceries, transportation, and healthcare. Prices for goods and services in general are higher than most other places as well. Despite the higher costs associated with living in Chevy Chase, it offers residents access to excellent schools, parks, and other amenities that make up for these additional expenses.