Cost of Living in Cheverly, MD
Population 6,107 · Maryland · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Cheverly a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $467,000. Unemployment has stayed elevated relative to the national figure — 8.4% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Geographically, Cheverly sits roughly 6 miles east of Washington. Median home values run roughly 36% lower than Washington's $725,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Cheverly
The median home value in Cheverly is $466,500 — 53% above the national median of $305,000. Median rent runs $1,786/month, 36% higher than the national median of $1,314/month. The median household income of $117,633/year is 58% higher than the US median of $74,580. The local unemployment rate is 8.4%, above the national average of 4.8%. Maryland's top state income tax rate is 5.8% and the combined sales tax is 6.0%. Overall, Cheverly has a cost of living index of 146 versus the US average of 100, meaning it is 46% more expensive.
Cheverly has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Cheverly, MD?
Cheverly has a cost index of 146 (100 = national average). It is 46% above the national average.
What is average rent in Cheverly, MD?
The median gross rent in Cheverly is $1,786 per month based on 2023 Census data.
What is the average home price in Cheverly?
The median home value in Cheverly is $466,500 according to Zillow and Census data.
What is the median income in Cheverly?
The median household income in Cheverly is $117,633 per year (2023 ACS 5-year estimates).
What is the sales tax in Cheverly, MD?
The combined state and local sales tax rate in Cheverly is 6.0%. The Maryland state income tax top rate is 5.8%.
Is Cheverly, MD affordable?
Cheverly is above average in cost of living, with an index of 146 — about 46% higher than the national average.
Cheverly at a Glance
- Population
- 6,107
- Median Income
- $117,633
- Home Value
- $466,500
- Median Rent
- $1,786/mo
- Unemployment
- 8.4%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Maryland Rankings
Similar Cost Cities
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