Zip 20816 (Bethesda, MD) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Bethesda, Maryland?
$19,590 / month
for a family, 262.8% more expensive than the national average A total of $235,080 for the year for a family.
$7,333 / month
for a single person, 53.8% more expensive than the national average A total of $88,000 for the year for a single person.

Bethesda cost of living score
138.5
More expensive
38.5% higher
than the US average
23.9% higher
than the Maryland average
Bethesda (zip 20816), 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 20816 (Bethesda, MD)

Housing costs in Bethesda?
A typical home costs $1,227,200, which is 263.0% more expensive than the national average of $338,100 and 216.2% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Bethesda costs $2,500 per month, which is 54.3% more than the national average of $1,620 and 27.2% more than the state average of $1,820.

Can I afford Bethesda?
To live comfortably in Bethesda (zip 20816), Maryland, a minimum annual income of $235,080 for a family, and $88,000 for a single person is recommended.

What does A.I. say about Bethesda?
Living in 20816 Bethesda, MD can be expensive due to its desirable location and the wide variety of amenities available to residents. The cost of housing is higher than average, with a median home value of approximately $717,500. Residents also need to factor in the cost of living expenses such as groceries, healthcare, transportation, and utilities that all add up. Despite its high cost of living, 20816 Bethesda offers plenty of attractions that make it worth the price tag. From entertainment and dining options to cultural activities and outdoor recreation venues, there is something for everyone. Additionally, there are many excellent schools located in the area that serve both public and private students.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBethesdaMarylandUnited States
    Unlock111.8100.0
  119.4  Unlock100.0
    Unlock84.2100.0
  398.3  Unlock100.0
    Unlock$388,100$338,100
  109.4  Unlock100.0
    Unlock119.3100.0
  149.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.