Zip 20906 (Aspen Hill, MD) Cost of Living

1 Reviews

Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Aspen Hill cost of living score
More expensive
38.5% higher
than the US average
23.9% higher
than the Maryland average
Aspen Hill (zip 20906), 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.

Zip 20906 (Aspen Hill, MD)

Housing costs in Aspen Hill?
A typical home costs $413,000, which is 22.2% more expensive than the national average of $338,100 and 6.4% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Aspen Hill costs $1,920 per month, which is 18.5% more than the national average of $1,620 and 5.2% more than the state average of $1,820.

Can I afford Aspen Hill?
To live comfortably in Aspen Hill (zip 20906), Maryland, a minimum annual income of $79,200 for a family, and $67,600 for a single person is recommended.

What does A.I. say about Aspen Hill?
The cost of living in 20906 Aspen Hill, MD is quite high. According to the most recent estimates, the median home value is around $400,000, and it takes an average annual income of over $90,000 to afford a mortgage payment. Renters also pay a premium for their homes, with the median monthly rent for one bedroom apartments reaching upwards of $1,800. Grocery costs and utility bills are also higher than the national average. All in all, living in 20906 Aspen Hill is not cheap; however, for those who can afford it it's worth every penny.
   Cost of living score
     CategoriesAspen HillMarylandUnited States

   100=National Average

   Average Rent by Bedroom Size
Reviews for Aspen Hill
    See all (1)

Over 5 years ago

I’ve lived here for 6 years and it is really good. Come check it  More

   |    Reply

Start Your Review of Aspen Hill