Cost of Living in Edgewood, MD
Population 25,170 · Maryland · Data vintage 2023
(100 = US avg)
Edgewood lands reasonably close to national benchmarks on most cost indicators, with a median home value of $235,000 — 23% below the US figure. That makes it a useful reference point for comparing with more extreme markets in Maryland. Unemployment has stayed elevated relative to the national figure — 8.2% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Located 20 miles east of Baltimore, Edgewood falls within that metro's commuting orbit. Housing prices track closely with Baltimore's $219,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Edgewood
The median home value in Edgewood is $234,700 — 23% below the national median of $305,000. Median rent runs $1,435/month, 9% higher than the national median of $1,314/month. The median household income of $86,355/year is 16% higher than the US median of $74,580. The local unemployment rate is 8.2%, 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, Edgewood has a cost of living index of 90 versus the US average of 100, meaning it is 10% less expensive.
🏠 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 Edgewood, MD?
Edgewood has a cost index of 90 (100 = national average). It is 10% below the national average.
What is average rent in Edgewood, MD?
The median gross rent in Edgewood is $1,435 per month based on 2023 Census data.
What is the average home price in Edgewood?
The median home value in Edgewood is $234,700 according to Zillow and Census data.
What is the median income in Edgewood?
The median household income in Edgewood is $86,355 per year (2023 ACS 5-year estimates).
What is the sales tax in Edgewood, MD?
The combined state and local sales tax rate in Edgewood is 6.0%. The Maryland state income tax top rate is 5.8%.
Is Edgewood, MD affordable?
Edgewood is near the national average in terms of cost of living, with an index of 90 (100 = US average).
Edgewood at a Glance
- Population
- 25,170
- Median Income
- $86,355
- Home Value
- $234,700
- Median Rent
- $1,435/mo
- Unemployment
- 8.2%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Maryland Rankings
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