Zip 20609 (Avenue, MD) Cost of Living


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How much do I need to live in Avenue, Maryland?
$5,730 / month
for a family, 6.1% more expensive than the national average A total of $68,760 for the year for a family.
$4,067 / month
for a single person, 14.7% less expensive than the national average A total of $48,800 for the year for a single person.

Avenue cost of living score
107
More expensive
7.0% higher
than the US average
4.3% lower
than the Maryland average
Avenue (zip 20609), Maryland gets a BestPlaces Cost of Living score of 107, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.0% higher than the U.S. average and 4.3% higher than the average for Maryland.

Zip 20609 (Avenue, MD)

Housing costs in Avenue?
A typical home costs $358,100, which is 5.9% more expensive than the national average of $338,100 and 7.7% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Avenue costs $1,470 per month, which is 2.8% more than the national average of $1,430 and 10.2% cheaper than the state average of $1,620.

Can I afford Avenue?
To live comfortably in Avenue (zip 20609), Maryland, a minimum annual income of $68,760 for a family, and $48,800 for a single person is recommended.

What does A.I. say about Avenue?
The cost of living in 20609 Avenue, MD is quite reasonable. The median home price is just under $200,000, making it an affordable option for those looking to purchase a home. Renting here is also relatively cheap, with monthly prices for a one-bedroom apartment averaging around $1,100. Taxes are also quite low compared to other areas in Maryland. Sales tax in 20609 Avenue is just 6%, and there are no income taxes at the state level. This makes 20609 Avenue an attractive place to live for individuals looking to save money while still enjoying all the amenities of living in Maryland.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesAvenueMarylandUnited States
    Unlock111.8100.0
  107.2  Unlock100.0
    Unlock84.2100.0
  120.2  Unlock100.0
    Unlock$388,100$338,100
  108.8  Unlock100.0
    Unlock119.3100.0
  100.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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