Bethesda, MD Cost Of Living
Cost Of Living In Bethesda, MD Summary
Cost of living in Bethesda 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 Bethesda 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 Bethesda is 192, with 100 being the average.
The cost of living index in Bethesda is 1.9x higher than the national average.
Bethesda ranks as the #185 cheapest in Maryland out of 188.
Bethesda ranks as the #6,284 cheapest out of 6,412 in the US.
The median home value in Bethesda is $958,400.
The median income in Bethesda is $178,370.
Table Of Contents
Bethesda's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Bethesda, MD?
According to the most recent data on the cost of living, Bethesda has an overall cost of living index of 192, which is 1.9x higher than the national index of 100.
Compared to Maryland, Bethesda has a cost of living index that's 1.6x higher than Maryland's index of 120.
The standard of living in Bethesda ranks as #185 most affordable out of the 188 places we measured in Maryland. By definition, that implies Bethesda ranks as the #3 most expensive place in the Old Line State.
For more reading on life in Bethesda, check out:
- Living In Bethesda
- Search Homes For Sale In Bethesda, MD
In Maryland
In America
Bethesda Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Bethesda. Here is how it fairs on each of the criteria:
The Services index in Bethesda is 115.
The Groceries index in Bethesda is 113.
The Health index in Bethesda is 85.
The Housing index in Bethesda is 386.
The Transportation index in Bethesda is 113.
The Utilities index in Bethesda is 110.
| Living Expense | Bethesda | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 192 | 120 | 100 | |
| Services | 115 | 109 | 100 | |
| Groceries | 113 | 108 | 100 | |
| Health | 85 | 92 | 100 | |
| Housing | 386 | 156 | 100 | |
| Transportation | 113 | 100 | 100 | |
| Utilities | 110 | 108 | 100 | |
Bethesda, 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 Bethesda is $958,400.
The Median Rent in Bethesda is $2,208.
The Median Income in Bethesda is $178,370.
The Home Value To Income in Bethesda is 5.4x.
The Rent To Monthly Income in Bethesda is 0.15x.
| Statistic | Bethesda | Maryland | United States |
|---|---|---|---|
| Median Home Value | $958,400 | $338,500 | $244,900 |
| Median Rent | $2,208 | $1,485 | $1,163 |
| Median Income | $178,370 | $91,431 | $69,021 |
| Home Value To Income | 5.4x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.15x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Bethesda, MD Costs By Category
Detailed Bethesda Services Costs Vs. Maryland
Detailed Bethesda Groceries Costs Vs. Maryland
Detailed Bethesda Health Costs Vs. Maryland
Detailed Bethesda Transportation Costs Vs. Maryland
Detailed Bethesda Utilities Costs Vs. Maryland
Bethesda SnackAbility
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Cost Of Living In Cities Around Bethesda
The cost of living varies in the cities and towns around Bethesda. Here's a quick look at the cost of living in the most populous nearby places:
Olney, MD has a cost of living index of 150, 0.8x Bethesda.
Clarksburg, MD has a cost of living index of 153, 0.8x Bethesda.
North Potomac, MD has a cost of living index of 167, 0.9x Bethesda.
| City | Population | Cost Of Living | Vs. Bethesda |
|---|---|---|---|
| Olney, MD | 35,815 | 150 | 0.8x |
| Clarksburg, MD | 27,354 | 153 | 0.8x |
| North Potomac, MD | 24,449 | 167 | 0.9x |
| North Laurel, MD | 24,233 | 129 | 0.7x |
| Kemp Mill, MD | 14,509 | 141 | 0.7x |
| Colesville, MD | 14,468 | 140 | 0.7x |
| Chevy Chase, MD | 9,889 | 204 | 1.1x |
| South Kensington, MD | 8,566 | 181 | 0.9x |
| Four Corners, MD | 8,131 | 148 | 0.8x |
| Layhill, MD | 5,119 | 144 | 0.8x |
