Zip 20778 (Shady Side, MD) Cost of Living


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Shady Side cost of living score
114.7
More expensive
14.7% higher
than the US average
2.6% higher
than the Maryland average
Shady Side (zip 20778), 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 20778 (Shady Side, MD)

Housing costs in Shady Side?
A typical home costs $621,800, which is 83.9% more expensive than the national average of $338,100 and 60.2% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Shady Side costs $1,850 per month, which is 14.2% more than the national average of $1,620 and 16.2% more than the state average of $1,550.

Can I afford Shady Side?
To live comfortably in Shady Side (zip 20778), Maryland, a minimum annual income of $119,160 for a family, and $60,000 for a single person is recommended.

What does A.I. say about Shady Side?
The cost of living in 20778 Shady Side, MD is relatively high. As of 2020, the median home price in the area is $427,400 and the median household income is around $86,417. Renters will also find it expensive as well, with prices ranging from $1,000 to upwards of $2,500 for a single bedroom apartment. Overall, basic expenses like groceries and utilities tend to be higher than the national average due to the area's proximity to Washington DC and Baltimore. Transportation costs are also slightly higher due to traffic congestion in the area.
   Cost of living score
     CategoriesShady SideMarylandUnited States
  114.7111.8100.0
  106.8105.2100
  83.184.2100.0
  181.7124.1100.0
  $621,800$388,100$338,100
  107.6%105.6%100.0%
  102.1119.3100.0
  127.4112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime