Cost of Living in Friendship Heights Village, MD

Population 3,991 · Maryland · Data vintage 2023

164

Cost Index
(100 = US avg)

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

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

Friendship Heights Village 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. An unemployment rate of 1.2% points to a labor market well on the tight side of the national distribution.

Friendship Heights Village sits roughly 6 miles northwest of Washington — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 35% lower than Washington's $725,000.

Cost Overview

Housing 155

Rent 178

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

About the Cost of Living in Friendship Heights Village

The median home value in Friendship Heights Village is $473,400 — 55% above the national median of $305,000. Median rent runs $2,342/month, 78% higher than the national median of $1,314/month. The median household income of $110,199/year is 48% higher than the US median of $74,580. The local unemployment rate is 1.2%, 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, Friendship Heights Village has a cost of living index of 164 versus the US average of 100, meaning it is 64% more expensive.

📍

Friendship Heights Village 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:

Bethesda, MD

Median home: $1,129,700

Rent: $2,437/mo

Income: $191,348

Silver Spring, MD

Median home: $619,400

Rent: $1,899/mo

Income: $98,880

Takoma Park, MD

Median home: $721,500

Rent: $1,388/mo

Income: $97,872

North Bethesda, MD

Median home: $712,100

Rent: $2,161/mo

Income: $128,970

Chillum, MD

Median home: $383,900

Rent: $1,733/mo

Income: $78,513

🏠 Housing

Median Home Value

$473,400

55% above avg

Median Rent

$2,342/mo

78% above avg

Price-to-Rent Ratio

16.8x

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 37.1%

Renter-occupied 62.9%

💰 Estimated Monthly Budget

Rent median rent

$2,342

Groceries national estimate

$400

Utilities local estimate

$88

Transportation local gas prices

$126

Estimated Total $2,956/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

32.2 min

19% above avg

Gas Price

$3.145/gal

0% below avg

Work From Home

29.3%

Commute Mode

Drove alone

27.1%

Carpooled

2.2%

Public transit

27.6%

Walked

12.3%

Work from home

29.3%

⚡ 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

$110,199

48% above avg

Per Capita Income

$95,076

Unemployment Rate

1.2%

75% below avg

Poverty Rate

8.4%

Labor Force Participation

61.9%

🎓 Education

Bachelor's degree+ 24.7%

Graduate degree 51.0%

👥 Demographics

Median Age 51.6

Male median age 47.7

Female median age 57.5

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good

81.5%

Good air days/yr

165

Max AQI recorded

162

PM2.5 days

195

Ozone days

Frequently Asked Questions

What is the cost of living in Friendship Heights Village, MD?

Friendship Heights Village has a cost index of 164 (100 = national average). It is 64% above the national average.

What is average rent in Friendship Heights Village, MD?

The median gross rent in Friendship Heights Village is $2,342 per month based on 2023 Census data.

What is the average home price in Friendship Heights Village?

The median home value in Friendship Heights Village is $473,400 according to 2023 Census ACS data.

What is the median income in Friendship Heights Village?

The median household income in Friendship Heights Village is $110,199 per year (2023 ACS 5-year estimates).

What is the sales tax in Friendship Heights Village, MD?

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

Is Friendship Heights Village, MD affordable?

Friendship Heights Village is above average in cost of living, with an index of 164 — about 64% higher than the national average.

Friendship Heights Village at a Glance

Population: 3,991
Median Income: $110,199
Home Value: $473,400
Median Rent: $2,342/mo
Unemployment: 1.2%
Sales Tax: 6.0%

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