Waldorf, MD Cost Of Living
Cost Of Living In Waldorf, MD Summary
Cost of living in Waldorf 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 Waldorf 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 Waldorf is 121, with 100 being the average.
The cost of living index in Waldorf is 1.2x higher than the national average.
Waldorf ranks as the #87 cheapest in Maryland out of 188.
Waldorf ranks as the #4,857 cheapest out of 6,412 in the US.
The median home value in Waldorf is $319,300.
The median income in Waldorf is $103,611.
Table Of Contents
Waldorf's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Waldorf, MD?
According to the most recent data on the cost of living, Waldorf has an overall cost of living index of 121, which is 1.2x higher than the national index of 100.
Compared to Maryland, Waldorf has a cost of living index that's 1.0x higher than Maryland's index of 120.
The standard of living in Waldorf ranks as #87 most affordable out of the 188 places we measured in Maryland. By definition, that implies Waldorf ranks as the #101 most expensive place in the Old Line State.
For more reading on life in Waldorf, check out:
- Living In Waldorf
- Search Homes For Sale In Waldorf, MD
In Maryland
In America
Waldorf Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Waldorf. Here is how it fairs on each of the criteria:
The Services index in Waldorf is 105.
The Groceries index in Waldorf is 119.
The Health index in Waldorf is 104.
The Housing index in Waldorf is 149.
The Transportation index in Waldorf is 103.
The Utilities index in Waldorf is 95.
| Living Expense | Waldorf | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 121 | 120 | 100 | |
| Services | 105 | 109 | 100 | |
| Groceries | 119 | 108 | 100 | |
| Health | 104 | 92 | 100 | |
| Housing | 149 | 156 | 100 | |
| Transportation | 103 | 100 | 100 | |
| Utilities | 95 | 108 | 100 | |
Waldorf, 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 Waldorf is $319,300.
The Median Rent in Waldorf is $1,740.
The Median Income in Waldorf is $103,611.
The Home Value To Income in Waldorf is 3.1x.
The Rent To Monthly Income in Waldorf is 0.2x.
| Statistic | Waldorf | Maryland | United States |
|---|---|---|---|
| Median Home Value | $319,300 | $338,500 | $244,900 |
| Median Rent | $1,740 | $1,485 | $1,163 |
| Median Income | $103,611 | $91,431 | $69,021 |
| Home Value To Income | 3.1x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.2x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Waldorf, MD Costs By Category
Detailed Waldorf Services Costs Vs. Maryland
Detailed Waldorf Groceries Costs Vs. Maryland
Detailed Waldorf Health Costs Vs. Maryland
Detailed Waldorf Transportation Costs Vs. Maryland
Detailed Waldorf Utilities Costs Vs. Maryland
Waldorf SnackAbility
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Cost Of Living In Cities Around Waldorf
The cost of living varies in the cities and towns around Waldorf. Here's a quick look at the cost of living in the most populous nearby places:
Alexandria, VA has a cost of living index of 150, 1.2x Waldorf.
Kingstowne, VA has a cost of living index of 143, 1.2x Waldorf.
Franconia, VA has a cost of living index of 142, 1.2x Waldorf.
| City | Population | Cost Of Living | Vs. Waldorf |
|---|---|---|---|
| Alexandria, VA | 158,185 | 150 | 1.2x |
| Kingstowne, VA | 18,369 | 143 | 1.2x |
| Franconia, VA | 18,310 | 142 | 1.2x |
| Fort Hunt, VA | 16,322 | 180 | 1.5x |
| Bensville, MD | 14,483 | 135 | 1.1x |
| Mount Vernon, VA | 13,707 | 153 | 1.3x |
| Newington, VA | 13,419 | 140 | 1.2x |
| Newington Forest, VA | 12,641 | 144 | 1.2x |
| Accokeek, MD | 12,241 | 131 | 1.1x |
| La Plata, MD | 10,054 | 121 | 1.0x |
