The 10 Most Expensive Places To Live In Maryland For 2022


We used science and data to determine which cities in Maryland that will put a big dent in your wallet.

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Editor’s Note: We updated this article for 2022. This is our ninth time ranking the most expensive places to live in Maryland.

Everyone wants a home that mixes affordability with comfort and Maryland does this very well. Families love the Old Line State's beaches, midlands, and mountains as tourists before moving here and calling it home.

But before you decide to relocate, you have to do some research into the exact cost of living around the state -- and that's how we're going to help you.

These are the places in Maryland that cost a pretty penny -- the most expensive cities in the state.

After we saved up for months and could finally afford it, we landed on this list of the ten most expensive cities in Maryland for 2022.

So where is the most expensive place to live in Maryland? That would be Mount Rainier.
the 2016-2020 American Community Survey for the 41 places in Maryland with more than 5,000 people.

Here are the 10 most expensive places to live in Maryland for 2022:

  1. Mount Rainier
  2. College Park
  3. Bladensburg
  4. Gaithersburg
  5. Rockville
  6. Takoma Park
  7. Cheste
  8. Annapolis
  9. Ocean City
  10. New Carrollton

What's the most expensive place to live in Maryland? Well, HomeSnacks crunched the numbers and discovered that Mount Rainier is the most expensive place to live in Maryland.

So hopefully Brunswick (the cheapest place to live in Maryland) can show these guys how to live on a budget in the coming years. Read on for how these places had costs rise faster than inflation.

And if you already knew these places were expensive, check out some more reading about Maryland and the most expensive cities in the country:

The 10 Most Expensive Places To Live In Maryland For 2022

1. Mount Rainier

Mount Rainier, MD

Overall SnackAbility

6
/10

Population: 8,149
Rank Last Year: 1 (No Change)
Home Price To Income Ratio: 7.0x (2nd most expensive)
Income To Rent Ratio: 47.0x (9th most expensive)
More on Mount Rainier: Real Estate | Data | Photos

The median income in Mount Rainier comes in at $57,200 and the median home value is $398,200 for 2022.

2. College Park

College Park, MD

Overall SnackAbility

7
/10

Population: 32,221
Rank Last Year: 2 (No Change)
Home Price To Income Ratio: 5.0x (6th most expensive)
Income To Rent Ratio: 43.5x (4th most expensive)
More on College Park: Real Estate | Data | Photos

The median income in College Park comes in at $68,825 and the median home value is $345,800 for 2022.

3. Bladensburg

Bladensburg, MD

Source: Public domain
Overall SnackAbility

6
/10

Population: 9,428
Rank Last Year: 4 (Up 1)
Home Price To Income Ratio: 5.5x (4th most expensive)
Income To Rent Ratio: 35.5x (most expensive)
More on Bladensburg: Real Estate | Data | Photos

The median income in Bladensburg comes in at $50,390 and the median home value is $277,400 for 2022.

4. Gaithersburg

Gaithersburg, MD

Source: Public domain
Overall SnackAbility

7.5
/10

Population: 67,878
Rank Last Year: 4 (No Change)
Home Price To Income Ratio: 4.5x (9th most expensive)
Income To Rent Ratio: 52.4x (16th most expensive)
More on Gaithersburg: Real Estate | Data | Photos

The median income in Gaithersburg comes in at $91,845 and the median home value is $413,500 for 2022.

5. Rockville

Rockville, MD

Overall SnackAbility

7.5
/10

Population: 68,155
Rank Last Year: 4 (Down 1)
Home Price To Income Ratio: 4.8x (7th most expensive)
Income To Rent Ratio: 58.4x (24th most expensive)
More on Rockville: Real Estate | Data | Photos

The median income in Rockville comes in at $111,797 and the median home value is $540,100 for 2022.

6. Takoma Park

Takoma Park, MD

Overall SnackAbility

8
/10

Population: 17,703
Rank Last Year: 8 (Up 2)
Home Price To Income Ratio: 7.3x (most expensive)
Income To Rent Ratio: 72.6x (33rd most expensive)
More on Takoma Park: Real Estate | Data | Photos

The median income in Takoma Park comes in at $83,919 and the median home value is $611,400 for 2022.

7. Cheste

Source: Public Domain
Overall SnackAbility

7
/10

Population: 5,073
Rank Last Year: 14 (Up 8)
Home Price To Income Ratio: 6.6x (3rd most expensive)
Income To Rent Ratio: 45.5x (6th most expensive)
More on Cheste: Real Estate | Data

The median income in Cheste comes in at $39,682 and the median home value is $260,600 for 2022.

8. Annapolis

Annapolis, MD

Overall SnackAbility

8
/10

Population: 39,321
Rank Last Year: 6 (Down 2)
Home Price To Income Ratio: 4.7x (8th most expensive)
Income To Rent Ratio: 59.0x (25th most expensive)
More on Annapolis: Real Estate | Data | Photos

The median income in Annapolis comes in at $87,897 and the median home value is $414,000 for 2022.

9. Ocean City

Ocean City, MD

Overall SnackAbility

6
/10

Population: 6,957
Rank Last Year: 7 (Down 1)
Home Price To Income Ratio: 5.2x (5th most expensive)
Income To Rent Ratio: 52.1x (15th most expensive)
More on Ocean City: Real Estate | Data | Photos

The median income in Ocean City comes in at $55,954 and the median home value is $292,100 for 2022.

10. New Carrollton

New Carrollton, MD

Overall SnackAbility

8
/10

Population: 12,925
Rank Last Year: 9 (Down 1)
Home Price To Income Ratio: 4.1x (14th most expensive)
Income To Rent Ratio: 46.5x (8th most expensive)
More on New Carrollton: Real Estate | Data | Photos

The median income in New Carrollton comes in at $70,776 and the median home value is $287,000 for 2022.

Methodology: How We Determined The Most Expensive Places To Live In The Old Line State For 2022

Map Of The Cheapest Places To Live In Maryland
The two most important things to think about when it comes to being able to afford if you can live comes down to:

  1. How much do money do I make?
  2. How much do I have spend to live there?

You need to understand your costs in the context of how much money you make.

For example, if the median household earns $100,000 and spends $40,000 on housing it's actually cheaper to live there than a place with a median income of $50,000 and housing costs of $21,000. You might spend more on housing, but you have more money overall to play with.

With that example in mind, we derived several statistics from the latest Census American Community Survey 2016-2020 around incomes and costs. They are:

  • Median Home Price / Median Income (lower is better)
  • Median Income / Median Rent (Higher is better)
  • Median Home Price

We added simply median home price because high home prices generally correlate with higher expenses for all costs related to homes (heating, electricity, etc).

You can then compare these metrics in each of the places in Maryland to figure out which is the most expensive.

What you are left with is a "Cost of Living Index" by taking the average rank of each of these metrics for each city.

So we used that cost of living index in order to rank all of the 41 places in Maryland that have more than 5,000 people.

The place with the highest cost of living in Maryland according to the data is Mount Rainier. You can download the data here.

Summary: Taking A Chunk Out Of Your Paycheck In Maryland For 2022

Well there you have it, the places in Maryland that have the highest cost of living, with Mount Rainier ranking as the most expensive city in the Old Line State.

Here's a look at the most affordable cities in Maryland according to the data:

  1. Brunswick
  2. Cumberland
  3. Aberdeen

For more Maryland reading, check out:

Detailed List Of The Most Expensive Cities In Maryland

Rank City ExpensiveScore Population Home/Income Ratio Income/Rent Ratio
1 Mount Rainier 5.67 8,149 7.0x 47.0x
2 College Park 7.33 32,221 5.0x 43.5x
3 Bladensburg 8.67 9,428 5.5x 35.5x
4 Gaithersburg 10.0 67,878 4.5x 52.4x
5 Rockville 11.0 68,155 4.8x 58.4x
6 Takoma Park 11.67 17,703 7.3x 72.6x
7 Cheste 11.67 5,073 6.6x 45.5x
8 Annapolis 12.33 39,321 4.7x 59.0x
9 Ocean City 12.33 6,957 5.2x 52.1x
10 New Carrollton 13.33 12,925 4.1x 46.5x
11 Hyattsville 14.0 18,267 4.4x 56.0x
12 Bel Air 17.0 10,102 4.2x 47.5x
13 Cambridge 17.67 12,300 4.4x 46.1x
14 Easton 18.33 16,589 4.5x 57.2x
15 District Heights 19.0 5,996 4.0x 55.1x
16 Riverdale Park 19.33 7,216 4.0x 69.3x
17 Salisbury 19.33 32,850 3.8x 41.9x
18 Laurel 20.0 25,734 3.5x 49.8x
19 Cheverly 20.67 6,439 3.7x 70.9x
20 Elkton 21.33 15,653 3.9x 50.0x
21 Frederick 22.33 71,843 3.5x 56.9x
22 Glenarden 22.33 6,158 3.4x 57.4x
23 La Plata 23.0 9,516 3.5x 68.6x
24 Chesapeake Beach 23.0 5,996 3.3x 72.5x
25 Westminster 23.33 18,649 3.8x 55.3x
26 Hagerstown 23.33 40,027 3.8x 48.5x
27 Greenbelt 23.67 23,253 3.1x 43.6x
28 Fruitland 24.33 5,281 3.2x 42.3x
29 Bowie 25.0 58,158 3.0x 60.3x
30 Baltimore 26.33 602,274 3.2x 47.7x
31 Havre De Grace 26.33 13,808 3.5x 76.7x
32 Mount Airy 26.67 9,439 3.1x 84.1x
33 Taneytown 27.0 6,837 3.8x 80.8x
34 Frostburg 27.33 8,550 3.5x 55.9x
35 Poolesville 27.33 5,228 2.8x 86.4x
36 Walkersville 28.33 6,306 3.0x 73.5x
37 Thurmont 31.67 6,783 3.2x 81.7x
38 Hampstead 33.0 6,403 3.3x 89.5x
39 Aberdeen 33.67 15,904 2.9x 62.6x
40 Cumberland 36.0 19,495 2.5x 59.0x
41 Brunswick 36.33 6,364 2.9x 94.9x

How Is The Area In ?

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.