Forest Glen, MD Cost of Living


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

Forest Glen, MD

Housing costs in Forest Glen?
A typical home costs $593,200, which is 75.5% more expensive than the national average of $338,100 and 52.8% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Forest Glen costs $2,000 per month, which is 39.9% more than the national average of $1,430 and 19.0% more than the state average of $1,620.

Can I afford Forest Glen?
To live comfortably in Forest Glen, Maryland, a minimum annual income of $113,760 for a family, and $70,400 for a single person is recommended.

What does A.I. say about Forest Glen?
Forest Glen, MD is a great place to live for people looking for an affordable yet comfortable lifestyle. Housing costs in the area are quite reasonable and generally much lower than those of surrounding areas. Property taxes are also low, which helps to keep living expenses down. Additionally, overall cost of goods and services are relatively low compared to other locations in the country. For these reasons, Forest Glen provides a great balance between affordability and quality of life.
   Cost of living score
     CategoriesForest GlenMarylandUnited States
  138.5111.8100.0
  111.4105.2100
  86.884.2100.0
  161.7124.1100.0
  $593,200$388,100$338,100
  104.8%105.6%100.0%
  143.0119.3100.0
  146.2112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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