According to the most recent data on the cost of living, Cheverly has an overall cost of living index of 124 which is 1.2x higher than the national index of 100.
Compared to only Maryland, Cheverly has a cost of living index that's 1.0x higher than Maryland's index of 120.
The standard of living in Cheverly ranks as #5,001 most affordable out of the 6,418 places we measured in Maryland. By definition, that implies Cheverly ranks as the #1,417 most expensive place in the Old Line State.
|Living Expense||Cheverly||Maryland||National Average|
Housing swings affordability the most between places in Maryland, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
|Median Home Value||$367,800||$325,400||$229,800|
|Home Value To Income||3.7x||3.7x||3.5x|
|Rent To Monthly Income||0.17x||0.2x||0.2x|
|City||Population||Cost Of Living||Vs. Cheverly|
|North Laurel, MD||24,856||129||1.0x|
|East Riverdale, MD||16,395||117||0.9x|
|Kemp Mill, MD||14,812||141||1.1x|
|Chevy Chase, MD||9,801||204||1.6x|
|South Kensington, MD||8,494||181||1.5x|
|Four Corners, MD||8,268||148||1.2x|