Housing costs in Waldorf?
A typical home costs
$341,100, which is 0.9% more expensive than the national average of
$338,100 and 12.1% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Waldorf costs
$1,710 per month, which is 5.6% more than the national average of
$1,620 and 6.4% cheaper than the state average of
$1,820.
Can I afford Waldorf?
To live comfortably in Waldorf (zip 20602), Maryland, a minimum annual income of
$65,520 for a family, and
$60,000 for a single person is recommended.
What does A.I. say about Waldorf?
The cost of living in 20602 Waldorf, MD is relatively high compared to the rest of the state. According to BestPlaces, groceries in Waldorf cost about 10% more than the national average and housing costs are around 19.7% higher than the rest of Maryland. Utility costs are also above average at about 11.3% higher than the national average. Despite these high prices, residents of Waldorf benefit from a median household income of $91,652 as reported by Niche, which is well above the US median household income of $57,652.