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 128, with 100 being the average.
The cost of living index in Waldorf is 1.3x higher than the national average.
Waldorf ranks as the #101 cheapest in Maryland out of 194.
Waldorf ranks as the #4,889 cheapest out of 6,489 in the US.
The median home value in Waldorf is $436,880.
The median income in Waldorf is $115,453.
According to the most recent data on the cost of living, Waldorf has an overall cost of living index of 128, which is 1.3x higher than the national index of 100.
Compared to Maryland, Waldorf has a cost of living index that's 1.1x higher than Maryland's index of 121.
The standard of living in Waldorf ranks as #101 most affordable out of the 194 places we measured in Maryland. By definition, that implies Waldorf ranks as the #93 most expensive place in the Old Line State.
For more reading on life in Waldorf, check out:
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 108.
The Groceries index in Waldorf is 114.
The Health index in Waldorf is 110.
The Housing index in Waldorf is 170.
The Transportation index in Waldorf is 113.
The Utilities index in Waldorf is 101.
| Living Expense | Waldorf | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 128 | 121 | 100 | |
| Services | 108 | 105 | 100 | |
| Groceries | 114 | 107 | 100 | |
| Health | 110 | 96 | 100 | |
| Housing | 170 | 150 | 100 | |
| Transportation | 113 | 99 | 100 | |
| Utilities | 101 | 113 | 100 | |
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 2019-2023. The key points are:
The Median Home Value in Waldorf is $436,880.
The Median Rent in Waldorf is $1,949.
The Median Income in Waldorf is $115,453.
The Home Value To Income in Waldorf is 3.8x.
The Rent To Monthly Income in Waldorf is 0.2x.
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 158, 1.2x Waldorf.
Franconia, VA has a cost of living index of 143, 1.1x Waldorf.
Kingstowne, VA has a cost of living index of 151, 1.2x Waldorf.
| City | Population | Cost Of Living | Vs. Waldorf |
|---|---|---|---|
| Alexandria, VA | 156,788 | 158 | 1.2x |
| Franconia, VA | 18,141 | 143 | 1.1x |
| Kingstowne, VA | 17,436 | 151 | 1.2x |
| Fort Hunt, VA | 16,519 | 188 | 1.5x |
| Bensville, MD | 14,792 | 144 | 1.1x |
| Newington, VA | 13,824 | 150 | 1.2x |
| Accokeek, MD | 13,226 | 137 | 1.1x |
| Mount Vernon, VA | 13,120 | 164 | 1.3x |
| Newington Forest, VA | 12,434 | 149 | 1.2x |
| Brandywine, MD | 10,989 | 143 | 1.1x |