Cost of Living in Chevy Chase Section Five, MD

F
163%
Overall NAT. AVG.
9%
Goods & Services NAT. AVG.
529%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Chevy Chase Section Five Maryland National
Cost of living263119100
Goods & Services109106100
Groceries108106100
Health care9797100
Housing629150100
Transportation9598100
Utilities110111100
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Cost Of Living Quick Facts

  • The cost of living in Chevy Chase Section Five is 122% higher than the Maryland average
  • The cost of living in Chevy Chase Section Five is 163% higher than the national average
  • Chevy Chase Section Five housing is 529% higher than the national average
  • Maryland general sales tax is 18% higher than the national average
  • Maryland state income tax is 23% lower than the national average

Most Affordable Places to Live in and Around Chevy Chase Section Five

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Compare Chevy Chase Section Five, MD Cost of Living

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      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$250,001$20,833$5,833$7,501
      Renters$250,001$20,833$5,833$7,501

      Maryland Sales Tax

      State General Sales Tax With Max Surtax
      Maryland 6% 6%

      Maryland Income Tax

      State Income Tax (Low) Income Tax (High)
      Maryland 2% 5.75%

      Goods & Services

      Item Chevy Chase Section Five National avg. Difference
      Haircut $26.11$24.267.6%
      Beauty Salon $70.08$45.5653.8%
      Toothpaste $3.81$3.702.8%
      Shampoo $1.51$1.2817.9%
      Movie $15.69$12.1329.3%
      Bowling $24.83$18.0038.0%

      Groceries

      Item Chevy Chase Section Five National avg. Difference
      Ground Beef $6.24$5.846.9%
      Fried Chicken $1.40$1.5711.0%
      Milk $4.78$4.672.2%
      Potatoes $5.49$4.9311.3%
      Pizza $12.56$12.093.9%
      Beer $11.10$10.416.6%

      Health Care

      Item Chevy Chase Section Five National avg. Difference
      Optometrist $92.00$125.6826.8%
      Doctor $135.03$135.780.5%
      Dentist $117.67$113.293.9%
      Ibuprofen $11.52$10.658.1%
      Lipitor $403.79$468.6013.8%

      Housing

      Item Chevy Chase Section Five National avg. Difference
      Home Price $1,366,700.00$184,700.00640.0%
      Avg. Mortgage Payment $4,819.29$2,346.69105.4%
      Apartment Rent $3,501.00$949.00268.9%

      Transportation

      Item Chevy Chase Section Five National avg. Difference
      Gasoline $3.25$3.466.0%
      Tire Balancing $59.00$59.921.5%

      Utilities

      Item Chevy Chase Section Five National avg. Difference
      All Electricity $222.47$193.9914.7%
      Phone $197.37$192.252.7%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Rose Hill CDP (Lee County), VA708927.8%
      Wakefield town, VA810954.6%
      Belle Haven town, VA5621022.0%
      Cottage City, MD1,1501088.4%
      Silver Hill, MD5,15511414.0%
      Chevy Chase Section Five, MD757263163.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Mulga, AL7578316.9%
      Lake of the Woods, CA7571065.7%
      Lowry City, MO7577623.8%
      Roper, NC7578218.1%
      Prairie City, OR757928.2%
      Chevy Chase Section Five, MD757263163.0%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
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