Fort Washington, MD Cost Of Living
Cost Of Living In Fort Washington, MD Summary
Cost of living in Fort Washington research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Fort Washington is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Maryland, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Fort Washington is 125, with 100 being the average.
The cost of living index in Fort Washington is 1.2x higher than the national average.
Fort Washington ranks as the #109 cheapest in Maryland out of 188.
Fort Washington ranks as the #5,043 cheapest out of 6,412 in the US.
The median home value in Fort Washington is $391,200.
The median income in Fort Washington is $127,587.
Table Of Contents
Fort Washington's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Fort Washington, MD?
According to the most recent data on the cost of living, Fort Washington has an overall cost of living index of 125, which is 1.2x higher than the national index of 100.
Compared to Maryland, Fort Washington has a cost of living index that's 1.0x higher than Maryland's index of 120.
The standard of living in Fort Washington ranks as #109 most affordable out of the 188 places we measured in Maryland. By definition, that implies Fort Washington ranks as the #79 most expensive place in the Old Line State.
For more reading on life in Fort Washington, check out:
- Living In Fort Washington
- Search Homes For Sale In Fort Washington, MD
In Maryland
In America
Fort Washington Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Fort Washington. Here is how it fairs on each of the criteria:
The Services index in Fort Washington is 109.
The Groceries index in Fort Washington is 119.
The Health index in Fort Washington is 104.
The Housing index in Fort Washington is 161.
The Transportation index in Fort Washington is 104.
The Utilities index in Fort Washington is 96.
| Living Expense | Fort Washington | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 125 | 120 | 100 | |
| Services | 109 | 109 | 100 | |
| Groceries | 119 | 108 | 100 | |
| Health | 104 | 92 | 100 | |
| Housing | 161 | 156 | 100 | |
| Transportation | 104 | 100 | 100 | |
| Utilities | 96 | 108 | 100 | |
Fort Washington, MD Housing Cost Breakdown
Housing swings affordability the most between places in Maryland, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Fort Washington is $391,200.
The Median Rent in Fort Washington is $2,326.
The Median Income in Fort Washington is $127,587.
The Home Value To Income in Fort Washington is 3.1x.
The Rent To Monthly Income in Fort Washington is 0.22x.
| Statistic | Fort Washington | Maryland | United States |
|---|---|---|---|
| Median Home Value | $391,200 | $338,500 | $244,900 |
| Median Rent | $2,326 | $1,485 | $1,163 |
| Median Income | $127,587 | $91,431 | $69,021 |
| Home Value To Income | 3.1x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Fort Washington, MD Costs By Category
Detailed Fort Washington Services Costs Vs. Maryland
| Item | Fort Washington | Maryland |
|---|---|---|
| Shampoo | $1.04 | $1.06 |
| Movie | $12.45 | $10.68 |
| Bowling | $19.83 | $14.67 |
| Haircut | $25.56 | $18.62 |
| Beauty Salon | $56.94 | $39.05 |
Detailed Fort Washington Groceries Costs Vs. Maryland
| Item | Fort Washington | Maryland |
|---|---|---|
| Ground Beef | $4.79 | $4.22 |
| Fried Chicken | $1.62 | $1.39 |
| Milk | $2.58 | $2.05 |
| Potatoes | $4.21 | $3.29 |
| Pizza | $11.66 | $10.62 |
| Beer | $10.66 | $9.38 |
| Toothpaste | $3.52 | $2.34 |
Detailed Fort Washington Health Costs Vs. Maryland
| Item | Fort Washington | Maryland |
|---|---|---|
| Optometrist | $104.67 | $108.57 |
| Doctor | $128.0 | $116.17 |
| Dentist | $103.17 | $99.13 |
Detailed Fort Washington Transportation Costs Vs. Maryland
| Item | Fort Washington | Maryland |
|---|---|---|
| Gasoline | $2.24 | $2.22 |
| Tire Balancing | $51.0 | $50.07 |
Detailed Fort Washington Utilities Costs Vs. Maryland
| Item | Fort Washington | Maryland |
|---|---|---|
| All Electricity | $160.85 | $167.67 |
| Phone | $177.97 | $175.64 |
Fort Washington SnackAbility
/10
Cost Of Living In Cities Around Fort Washington
The cost of living varies in the cities and towns around Fort Washington. Here's a quick look at the cost of living in the most populous nearby places:
Bethesda, MD has a cost of living index of 192, 1.5x Fort Washington.
Burke, VA has a cost of living index of 154, 1.2x Fort Washington.
Oxon Hill, MD has a cost of living index of 115, 0.9x Fort Washington.
| City | Population | Cost Of Living | Vs. Fort Washington |
|---|---|---|---|
| Bethesda, MD | 66,294 | 192 | 1.5x |
| Burke, VA | 44,191 | 154 | 1.2x |
| Oxon Hill, MD | 18,763 | 115 | 0.9x |
| Hybla Valley, VA | 18,410 | 124 | 1.0x |
| Fort Hunt, VA | 16,322 | 180 | 1.4x |
| Groveton, VA | 14,402 | 138 | 1.1x |
| Huntington, VA | 13,979 | 132 | 1.1x |
| Mount Vernon, VA | 13,707 | 153 | 1.2x |
| Accokeek, MD | 12,241 | 131 | 1.0x |
| Friendly, MD | 10,192 | 127 | 1.0x |
