Zip 20744 (Fort Washington, MD) Cost of Living


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How much do I need to live in Fort Washington, Maryland?
$6,270 / month
for a family, 16.1% more expensive than the national average A total of $75,240 for the year for a family.
$5,067 / month
for a single person, 6.3% more expensive than the national average A total of $60,800 for the year for a single person.

Fort Washington cost of living score
120.8
More expensive
20.8% higher
than the US average
8.1% higher
than the Maryland average
Fort Washington (zip 20744), 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 20744 (Fort Washington, MD)

Housing costs in Fort Washington?
A typical home costs $393,000, which is 16.2% more expensive than the national average of $338,100 and 1.3% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Fort Washington costs $1,730 per month, which is 6.8% more than the national average of $1,620 and 5.2% cheaper than the state average of $1,820.

Can I afford Fort Washington?
To live comfortably in Fort Washington (zip 20744), Maryland, a minimum annual income of $75,240 for a family, and $60,800 for a single person is recommended.

What does A.I. say about Fort Washington?
The cost of living in 20744 Fort Washington, MD is higher than the United States average. Housing costs are particularly high, with the median home value being $333,800. On top of that, monthly housing costs for renters can range from $1,310 to $2,065 depending on the size and type of property. Other expenses in 20744 are fairly typical for a mid-sized American city – groceries, healthcare and transportation all fall within the national average. Although things like entertainment and dining out may be slightly more expensive than in other cities. All in all, Fort Washington is a great place to live but it does come with a hefty price tag.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesFort WashingtonMarylandUnited States
    Unlock111.8100.0
  107.8  Unlock100.0
    Unlock84.2100.0
  134.8  Unlock100.0
    Unlock$388,100$338,100
  108.8  Unlock100.0
    Unlock119.3100.0
  117.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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