Zip 20747 (Forestville, MD) Cost of Living


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Forestville cost of living score
120.8
More expensive
20.8% higher
than the US average
8.1% higher
than the Maryland average
Forestville (zip 20747), Maryland gets a BestPlaces Cost of Living score of 120.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.8% higher than the U.S. average and 8.1% lower than the average for Maryland.

Zip 20747 (Forestville, MD)

Housing costs in Forestville?
A typical home costs $304,800, which is 9.8% less expensive than the national average of $338,100 and 21.5% less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Forestville costs $1,580 per month, which is 2.5% cheaper than the national average of $1,620 and 15.2% cheaper than the state average of $1,820.

Can I afford Forestville?
To live comfortably in Forestville (zip 20747), Maryland, a minimum annual income of $58,320 for a family, and $55,600 for a single person is recommended.

What does A.I. say about Forestville?
The cost of living in 20747 Forestville, MD is mostly on par with the national average. This means that basic necessities such as groceries and housing are relatively affordable, although in some areas prices may be slightly higher than the average. Other amenities like restaurants and entertainment can also be found in this area at a variety of price points to suit a range of budgets. Residents of Forestville also have access to many public transportation services which can help to keep costs low when commuting or running errands. All in all, Forestville is a great place for those looking for an affordable cost of living while still enjoying all the benefits of living within the city limits.
   Cost of living score
     CategoriesForestvilleMarylandUnited States
  120.8111.8100.0
  106.5105.2100
  87.284.2100.0
  104.3124.1100.0
  $304,800$388,100$338,100
  109.7%105.6%100.0%
  147.1119.3100.0
  117.7112.5100.0

   100=National Average

   Average Rent by Bedroom Size
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