Cost of Living in Largo, MD
Population 11,753 · Maryland · Data vintage 2023
(100 = US avg)
Largo is a smaller Maryland community of around 12000 residents, where median household incomes of $106,875 and housing costs ($362,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. At 7.7%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Largo sits roughly 10 miles east of Washington — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 50% lower than Washington's $725,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Largo
The median home value in Largo is $362,200 — 19% above the national median of $305,000. Median rent runs $2,138/month, 63% higher than the national median of $1,314/month. The median household income of $106,875/year is 43% higher than the US median of $74,580. The local unemployment rate is 7.7%, 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, Largo has a cost of living index of 136 versus the US average of 100, meaning it is 36% more 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 Largo, MD?
Largo has a cost index of 136 (100 = national average). It is 36% above the national average.
What is average rent in Largo, MD?
The median gross rent in Largo is $2,138 per month based on 2023 Census data.
What is the average home price in Largo?
The median home value in Largo is $362,200 according to 2023 Census ACS data.
What is the median income in Largo?
The median household income in Largo is $106,875 per year (2023 ACS 5-year estimates).
What is the sales tax in Largo, MD?
The combined state and local sales tax rate in Largo is 6.0%. The Maryland state income tax top rate is 5.8%.
Is Largo, MD affordable?
Largo is above average in cost of living, with an index of 136 — about 36% higher than the national average.
Largo at a Glance
- Population
- 11,753
- Median Income
- $106,875
- Home Value
- $362,200
- Median Rent
- $2,138/mo
- Unemployment
- 7.7%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Maryland Rankings
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