Zip 21037 (Edgewater, MD) Cost of Living

1 Reviews

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Edgewater cost of living score
More expensive
14.7% higher
than the US average
2.6% higher
than the Maryland average
Edgewater (zip 21037), Maryland gets a BestPlaces Cost of Living score of 114.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.7% higher than the U.S. average and 2.6% lower than the average for Maryland.

Zip 21037 (Edgewater, MD)

Housing costs in Edgewater?
A typical home costs $509,500, which is 50.7% more expensive than the national average of $338,100 and 31.3% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Edgewater costs $2,110 per month, which is 30.2% more than the national average of $1,620 and 26.5% more than the state average of $1,550.

Can I afford Edgewater?
To live comfortably in Edgewater (zip 21037), Maryland, a minimum annual income of $97,560 for a family, and $68,400 for a single person is recommended.

What does A.I. say about Edgewater?
The cost of living in 21037 Edgewater, MD is quite reasonable. The median home value for this area is $365,300, which is slightly lower than the surrounding communities. The median rent for a one-bedroom apartment is around $1,150 per month - slightly higher than other areas but still quite affordable. Groceries and other necessities are also reasonably priced, making it an excellent place to live on a budget. Additionally, many employers offer competitive salaries here so that residents can maintain a comfortable lifestyle without having to break the bank.
   Cost of living score
     CategoriesEdgewaterMarylandUnited States

   100=National Average

   Average Rent by Bedroom Size
Reviews for Edgewater
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Over 17 years ago

Generally mild climate moderated by the proximity to  More

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