Cost Of Living in Takoma Park, DC

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	Takoma Park	Washington	District of Columbia
Cost of living	169	164	149
Goods & Services	109	117	117
Groceries	108	105	105
Health care	97	110	110
Housing	314	285	235
Transportation	95	106	106
Utilities	110	111	111

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Cost Of Living Quick Facts

The cost of living in Takoma Park is 13% higher than the Washington average
The cost of living in Takoma Park is 69% higher than the national average
Takoma Park housing is 214% higher than the national average
District of Columbia general sales tax is 18% higher than the national average
District of Columbia state income tax is 54% higher than the national average

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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)
Household	$154,600	$12,883	$3,607	$4,638

District of Columbia Sales Tax

State	General Sales Tax	With Max Surtax
District of Columbia	6%	5.75%

District of Columbia Income Tax

State	Income Tax (Low)	Income Tax (High)
District of Columbia	4%	9.75%

Goods & Services

Item	Washington	National avg.	Difference
Haircut	$41.31	$24.26	70.3%
Beauty Salon	$73.33	$45.56	60.9%
Toothpaste	$3.70	$3.70	0.0%
Shampoo	$1.63	$1.28	27.4%
Movie	$15.72	$12.13	29.6%
Bowling	$24.56	$18.00	36.4%

Groceries

Item	Washington	National avg.	Difference
Ground Beef	$5.72	$5.84	2.1%
Fried Chicken	$1.31	$1.57	16.5%
Milk	$4.83	$4.67	3.3%
Potatoes	$5.15	$4.93	4.5%
Pizza	$12.83	$12.09	6.2%
Beer	$11.41	$10.41	9.6%

Health Care

Item	Washington	National avg.	Difference
Optometrist	$112.83	$125.68	10.2%
Doctor	$156.21	$135.78	15.0%
Dentist	$135.09	$113.29	19.2%
Ibuprofen	$12.28	$10.65	15.3%
Lipitor	$426.27	$468.60	9.0%

Housing

Item	Washington	National avg.	Difference
Home Price	$618,100.00	$184,700.00	234.7%
Avg. Mortgage Payment	$5,844.08	$2,346.69	149.0%
Apartment Rent	$1,607.00	$949.00	69.3%

Transportation

Item	Washington	National avg.	Difference
Gasoline	$3.37	$3.46	2.7%
Tire Balancing	$75.27	$59.92	25.6%

Utilities

Item	Washington	National avg.	Difference
All Electricity	$227.70	$193.99	17.4%
Phone	$190.71	$192.25	0.8%

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), VA	708	92	7.8%
Wakefield town, VA	810	95	4.6%
Belle Haven town, VA	562	102	2.0%
Cottage City, MD	1,150	108	8.4%
Silver Hill, MD	5,155	114	14.0%
Washington, DC	701,974	164	63.7%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Vancouver, BC	694,440	n/a
Boston, MA	689,326	166	65.5%
Denver, CO	715,878	133	33.5%
El Paso, TX	679,879	89	10.6%
Detroit, MI	672,351	84	15.5%
Washington, DC	701,974	164	63.7%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Takoma Park, Washington, DC