Zip 20695 (Waldorf, MD) Cost of Living


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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 20695), 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 20695 (Waldorf, MD)

Housing costs in Waldorf?
A typical home costs $474,100, which is 40.2% more expensive than the national average of $338,100 and 22.2% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Waldorf costs $2,060 per month, which is 27.2% more than the national average of $1,620 and 11.7% more than the state average of $1,820.

Can I afford Waldorf?
To live comfortably in Waldorf (zip 20695), Maryland, a minimum annual income of $90,720 for a family, and $72,400 for a single person is recommended.

What does A.I. say about Waldorf?
The cost of living in 20695 Waldorf, MD is relatively high compared to other regions in the US. The median home value in Waldorf is $329,400, which is much higher than the national average of $231,200. The average price for rental properties is also quite high at roughly $1,800 per month for a one-bedroom apartment. Groceries and utilities are slightly higher than the national average as well. Overall, living expenses in Waldorf can be quite costly when compared to the rest of the country.
   Cost of living score
     CategoriesWaldorfMarylandUnited States
  115.4111.8100.0
  108.5105.2100
  84.984.2100.0
  143.1124.1100.0
  $474,100$388,100$338,100
  106.0%105.6%100.0%
  128.7119.3100.0
  115.6112.5100.0

   100=National Average

   Average Rent by Bedroom Size
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