Zip 20607 (Accokeek, MD) Cost of Living


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How much do I need to live in Accokeek, Maryland?
$7,710 / month
for a family, 42.8% more expensive than the national average A total of $92,520 for the year for a family.
$5,267 / month
for a single person, 10.5% more expensive than the national average A total of $63,200 for the year for a single person.

Accokeek cost of living score
120.8
More expensive
20.8% higher
than the US average
8.1% higher
than the Maryland average
Accokeek (zip 20607), Maryland gets a BestPlaces Cost of Living score of 120.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.8% higher than the U.S. average and 8.1% lower than the average for Maryland.

Zip 20607 (Accokeek, MD)

Housing costs in Accokeek?
A typical home costs $483,300, which is 42.9% more expensive than the national average of $338,100 and 24.5% more expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Accokeek costs $1,800 per month, which is 11.1% more than the national average of $1,620 and close to the state average of $1,820.

Can I afford Accokeek?
To live comfortably in Accokeek (zip 20607), Maryland, a minimum annual income of $92,520 for a family, and $63,200 for a single person is recommended.

What does A.I. say about Accokeek?
The cost of living in 20607 Accokeek, MD is relatively affordable compared to other areas of the United States. According to Sperling’s Best Places, the cost of living index in this region is 92, which is 8% lower than the U.S. average. This score indicates that basic expenditures such as food, housing, transportation and healthcare are generally more affordable in Accokeek than in most other parts of the country. Furthermore, groceries and utilities are particularly cheap due to low taxes on goods and services. All these factors combined make 20607 Accokeek a great place to live for those who can appreciate an economical lifestyle without having to compromise on quality of life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesAccokeekMarylandUnited States
    Unlock111.8100.0
  110.0  Unlock100.0
    Unlock84.2100.0
  160.7  Unlock100.0
    Unlock$388,100$338,100
  109.1  Unlock100.0
    Unlock119.3100.0
  117.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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