Housing costs in Waldorf?
A typical home costs
$409,100, which is 21.0% more expensive than the national average of
$338,100 and 5.4% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Waldorf costs
$1,930 per month, which is 19.1% more than the national average of
$1,620 and 5.7% more than the state average of
$1,820.
Can I afford Waldorf?
To live comfortably in Waldorf (zip 20601), Maryland, a minimum annual income of
$78,480 for a family, and
$68,000 for a single person is recommended.
What does A.I. say about Waldorf?
The cost of living in 20601 Waldorf, MD is slightly above the national average. This is largely due to the town's proximity to Washington, DC and its many amenities. The median home price in Waldorf is $308,800, which is on par with other nearby communities like Fairfax County, VA and Montgomery County, MD. Additionally, the average utility costs for a family of four are estimated at about $175 per month. Renters can expect to pay between $1000-$1500 for a two-bedroom apartment in the area. Fundametals like food and transportation also cost more than average when compared to other cities in the state. However, overall quality of life in Waldorf is high with lots of recreational activities and amenities available.