Cost of Living in Frederick, MD

Population 80,617 · Maryland · Data vintage 2023

123
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Most of Frederick's cost indicators track within a reasonable band of national figures, with median household incomes near $95,150 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.

Geographically, Frederick is about 35 miles northwest of Columbia, the nearest large metro. Median home values run roughly 24% lower than Columbia's $480,000.

Cost Overview

Housing 120
Rent 128

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

About the Cost of Living in Frederick

The median home value in Frederick is $365,200 — 20% above the national median of $305,000. Median rent runs $1,688/month, 28% higher than the national median of $1,314/month. The median household income of $95,150/year is 28% higher than the US median of $74,580. The local unemployment rate is 3.7%, 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, Frederick has a cost of living index of 123 versus the US average of 100, meaning it is 23% more expensive.

🏠 Housing

Median Home Value
$365,200
20% above avg
Zillow Home Value
$461,492
Zillow ZHVI
Median Rent
$1,688/mo
28% above avg
Zillow Rent
$2,099/mo
Zillow ZORI
Price-to-Rent Ratio
18.0x
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 59.2%
Renter-occupied 40.8%

💰 Estimated Monthly Budget

Rent median rent
$1,688
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,302/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
32.8 min
21% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
15.0%

Commute Mode

Drove alone
70.6%
Carpooled
7.3%
Public transit
1.8%
Walked
2.9%
Bicycle
0.4%
Work from home
15.0%

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
$95,150
28% above avg
Per Capita Income
$47,262
Unemployment Rate
3.7%
23% below avg
Poverty Rate
9.4%
Labor Force Participation
70.9%

🎓 Education

Bachelor's degree+ 23.1%
Graduate degree 18.8%

👥 Demographics

Median Age 37.1
Male median age 36.7
Female median age 37.4

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
72%
Good air days/yr
136
Max AQI recorded
0
PM2.5 days
232
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
16.3:1
Student-teacher ratio
67
Public schools
43,828
Total enrollment

Frequently Asked Questions

What is the cost of living in Frederick, MD?

Frederick has a cost index of 123 (100 = national average). It is 23% above the national average.

What is average rent in Frederick, MD?

The median gross rent in Frederick is $1,688 per month based on 2023 Census data.

What is the average home price in Frederick?

The median home value in Frederick is $365,200 according to Zillow and Census data.

What is the median income in Frederick?

The median household income in Frederick is $95,150 per year (2023 ACS 5-year estimates).

What is the sales tax in Frederick, MD?

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

Is Frederick, MD affordable?

Frederick is above average in cost of living, with an index of 123 — about 23% higher than the national average.

Frederick at a Glance

Population
80,617
Median Income
$95,150
Home Value
$365,200
Median Rent
$1,688/mo
Unemployment
3.7%
Sales Tax
6.0%
View all cities in Maryland →
🗺️ County data for Maryland

Explore county-level cost of living data

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