Cost of Living in Edgewater, MD

Population 8,297 · Maryland · Data vintage 2023

152

Cost Index
(100 = US avg)

Page updated: April 2026 · Data vintage: 2023 ACS 5-Year

Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Edgewater sits on the smaller end of the Maryland city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.

Located 25 miles southeast of Columbia, Edgewater falls within that metro's commuting orbit. Median home values run roughly 11% lower than Columbia's $480,000.

Cost Overview

Housing 140

Rent 170

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Edgewater

The median home value in Edgewater is $428,500 — 40% above the national median of $305,000. Median rent runs $2,230/month, 70% higher than the national median of $1,314/month. The median household income of $111,000/year is 49% higher than the US median of $74,580. The local unemployment rate is 3.4%, below 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, Edgewater has a cost of living index of 152 versus the US average of 100, meaning it is 52% more expensive.

📍

Edgewater 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:

Annapolis Neck, MD

Median home: $723,100

Rent: $2,805/mo

Income: $171,833

Parole, MD

Median home: $521,100

Rent: $2,187/mo

Income: $119,591

Annapolis, MD

Median home: $510,200

Rent: $1,855/mo

Income: $104,257

Arnold, MD

Median home: $547,800

Rent: $2,177/mo

Income: $137,799

Crofton, MD

Median home: $507,000

Rent: $2,193/mo

Income: $147,250

🏠 Housing

Median Home Value

$428,500

40% above avg

Zillow Home Value

$564,894

Zillow ZHVI

Median Rent

$2,230/mo

70% above avg

Zillow Rent

$2,850/mo

Zillow ZORI

Price-to-Rent Ratio

16.0x

Favors buying

Property Tax Rate

1.1%

Effective rate

HUD Fair Market Rents by Bedroom

Studio

$1,407

1 BR

$1,604

2 BR

$1,898

3 BR

$2,407

4 BR

$2,822

Owner-occupied 85.7%

Renter-occupied 14.3%

💰 Estimated Monthly Budget

Rent median rent

$2,230

Groceries national estimate

$400

Utilities local estimate

$88

Transportation local gas prices

$126

Estimated Total $2,844/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚

Eggs (dozen)

$0.548

🍞

White Bread (lb)

$1.912

🥩

Ground Beef (lb)

$5.61

🚗 Transportation

Avg Commute

36.9 min

37% above avg

Gas Price

$3.145/gal

0% below avg

Work From Home

16.8%

Commute Mode

Drove alone

72.9%

Carpooled

6.8%

Public transit

0.3%

Walked

3.3%

Work from home

16.8%

⚡ Utilities

Electricity

$0.176/kWh

0% below avg

📋 Taxes

State Income Tax 5.8%

Total Sales Tax 6.0%

State rate 6.0%

Avg local rate 0.0%

Property Tax 1.1%

💼 Income & Employment

Median Household Income

$111,000

49% above avg

Per Capita Income

$54,228

Unemployment Rate

3.4%

29% below avg

Poverty Rate

3.5%

Labor Force Participation

68.1%

🎓 Education

Bachelor's degree+ 24.2%

Graduate degree 15.2%

👥 Demographics

Median Age 41.3

Male median age 41

Female median age 42.5

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 40 — Good

85.6%

Good air days/yr

150

Max AQI recorded

PM2.5 days

244

Ozone days

Frequently Asked Questions

What is the cost of living in Edgewater, MD?

Edgewater has a cost index of 152 (100 = national average). It is 52% above the national average.

What is average rent in Edgewater, MD?

The median gross rent in Edgewater is $2,230 per month based on 2023 Census data.

What is the average home price in Edgewater?

The median home value in Edgewater is $428,500 according to Zillow and Census data.

What is the median income in Edgewater?

The median household income in Edgewater is $111,000 per year (2023 ACS 5-year estimates).

What is the sales tax in Edgewater, MD?

The combined state and local sales tax rate in Edgewater is 6.0%. The Maryland state income tax top rate is 5.8%.

Is Edgewater, MD affordable?

Edgewater is above average in cost of living, with an index of 152 — about 52% higher than the national average.

Edgewater at a Glance

Population: 8,297
Median Income: $111,000
Home Value: $428,500
Median Rent: $2,230/mo
Unemployment: 3.4%
Sales Tax: 6.0%

View all cities in Maryland →

Nearby Cities

🗺️ County data for Maryland

Explore county-level cost of living data

Maryland Rankings

Similar Cost Cities

Cities in other states with comparable housing costs