Zip 20815 (Chevy Chase, MD) Cost of Living


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Chevy Chase cost of living score
138.5
More expensive
38.5% higher
than the US average
23.9% higher
than the Maryland average
Chevy Chase (zip 20815), 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 20815 (Chevy Chase, MD)

Housing costs in Chevy Chase?
A typical home costs $1,159,000, which is 242.8% more expensive than the national average of $338,100 and 198.6% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Chevy Chase costs $2,400 per month, which is 48.1% more than the national average of $1,620 and 24.2% more than the state average of $1,820.

Can I afford Chevy Chase?
To live comfortably in Chevy Chase (zip 20815), Maryland, a minimum annual income of $222,120 for a family, and $84,400 for a single person is recommended.

What does A.I. say about Chevy Chase?
The cost of living in 20815 Chevy Chase, MD is higher than the national average. The median home value is $1.2 million dollars and the median rent price is $3,370 per month. Many consider this area to be one of the most expensive places to live in the United States. The high cost of living is due largely to its proximity to Washington D.C., and the high quality of life that Chevy Chase provides. There are many upscale restaurants, boutiques, and galleries located throughout the neighborhood, as well as excellent public transportation options and recreational activities for all ages. Living in 20815 Chevy Chase can be pricey but is worth it for those who appreciate the city’s amenities and sophisticated lifestyle.
   Cost of living score
     CategoriesChevy ChaseMarylandUnited States
  138.5111.8100.0
  118.9105.2100
  86.884.2100.0
  416.1124.1100.0
  $1,159,000$388,100$338,100
  109.4%105.6%100.0%
  129.7119.3100.0
  149.9112.5100.0

   100=National Average

   Average Rent by Bedroom Size
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