Cost of Living in Germantown, MD

Population 90,521 · Maryland · Data vintage 2023

139
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

A 36-minute average commute puts Germantown squarely in exurban territory — the kind of place where many households optimize for housing cost over proximity to work. Home values of $401,000 reflect that spatial discount.

Germantown sits roughly 20 miles west of Columbia — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 16% lower than Columbia's $480,000.

Cost Overview

Housing 132
Rent 151

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

About the Cost of Living in Germantown

The median home value in Germantown is $401,400 — 32% above the national median of $305,000. Median rent runs $1,978/month, 51% higher than the national median of $1,314/month. The median household income of $112,149/year is 50% higher than the US median of $74,580. The local unemployment rate is 4.9%, 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, Germantown has a cost of living index of 139 versus the US average of 100, meaning it is 39% more expensive.

🏠 Housing

Median Home Value
$401,400
32% above avg
Zillow Home Value
$418,835
Zillow ZHVI
Median Rent
$1,978/mo
51% above avg
Zillow Rent
$1,984/mo
Zillow ZORI
Price-to-Rent Ratio
16.9x
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 66.9%
Renter-occupied 33.1%

💰 Estimated Monthly Budget

Rent median rent
$1,978
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,592/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
36.2 min
34% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
19.2%

Commute Mode

Drove alone
62.2%
Carpooled
10.2%
Public transit
5.2%
Walked
0.8%
Bicycle
0.1%
Work from home
19.2%

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
$112,149
50% above avg
Per Capita Income
$49,390
Unemployment Rate
4.9%
2% above avg
Poverty Rate
8.5%
Labor Force Participation
73.3%

🎓 Education

Bachelor's degree+ 26.5%
Graduate degree 23.7%

👥 Demographics

Median Age 37.6
Male median age 36.8
Female median age 38.3

💨 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 Germantown, MD?

Germantown has a cost index of 139 (100 = national average). It is 39% above the national average.

What is average rent in Germantown, MD?

The median gross rent in Germantown is $1,978 per month based on 2023 Census data.

What is the average home price in Germantown?

The median home value in Germantown is $401,400 according to Zillow and Census data.

What is the median income in Germantown?

The median household income in Germantown is $112,149 per year (2023 ACS 5-year estimates).

What is the sales tax in Germantown, MD?

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

Is Germantown, MD affordable?

Germantown is above average in cost of living, with an index of 139 — about 39% higher than the national average.

Germantown at a Glance

Population
90,521
Median Income
$112,149
Home Value
$401,400
Median Rent
$1,978/mo
Unemployment
4.9%
Sales Tax
6.0%
View all cities in Maryland →
🗺️ County data for Maryland

Explore county-level cost of living data

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