Zip 20603 (Waldorf, MD) Cost of Living


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How much do I need to live in Waldorf, Maryland?
$6,960 / month
for a family, 28.9% more expensive than the national average
$5,467 / month
for a single person, 14.7% more expensive than the national average

Waldorf cost of living score
115.4
More expensive
15.4% higher
than the US average
3.2% higher
than the Maryland average
Waldorf (zip 20603), Maryland gets a BestPlaces Cost of Living score of 115.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.4% higher than the U.S. average and 3.2% lower than the average for Maryland.

Zip 20603 (Waldorf, MD)

Housing costs in Waldorf?
A typical home costs $436,700, which is 29.2% more expensive than the national average of $338,100 and 12.5% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Waldorf costs $1,870 per month, which is 15.4% more than the national average of $1,620 and 2.7% more than the state average of $1,820.

Can I afford Waldorf?
To live comfortably in Waldorf (zip 20603), Maryland, a minimum annual income of $83,520 for a family, and $65,600 for a single person is recommended.

What does A.I. say about Waldorf?
The cost of living in 20603 Waldorf, MD is higher than the national average. The median home value is $306,000, which is significantly higher than the national median value of $184,700. Additionally, the median household income is $82,454, much higher than the national median of $55,322. The high cost of housing and other essentials such as food and utilities means that it can be difficult to live comfortably in Waldorf without a steady source of income.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWaldorfMarylandUnited States
  115.4111.8100.0
  108.2105.2100
  84.984.2100.0
  138.6124.1100.0
  $436,700$388,100$338,100
  106105.6100
  124.9119.3100.0
  115.6112.5100.0

   100=National Average

   Average Rent by Bedroom Size
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