Cost of living in Chevy Chase
Chevy Chase, located in Maryland, is known for its affluent neighborhoods and proximity to Washington, D.C. Understanding the cost of living in this area is crucial for potential residents and those considering relocation.
The cost of living encompasses various factors such as housing, transportation, groceries, and dining, which can significantly impact your budget.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $30 on average, with a range between $20 and $40.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $80, with prices ranging from $70 to $130.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $13.5, with a range between $12 and $15.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3 to $10, imported beer $6.5 to $12, cappuccino $3.5 to $8, and Coke/Pepsi $2 to $4.
Grocery Prices
- Milk - Milk is priced between $0.53 and $1.85 per liter, averaging $1.16.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.1 and $4.41, with an average price of $3.95.
- Eggs (Dozen) - A dozen eggs range from $4 to $5.5, averaging $4.76.
- Fruits (e.g., Apples, Oranges) - Apples cost $3.86 to $11.02 per kg, while oranges range from $4.41 to $6.61 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $4.41 and $5.51 per kg, and lettuce costs $1.75 to $3 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $2.75 and $5, with a monthly pass priced between $88 and $150.
- Fuel (Gasoline) - Gasoline is priced between $0.78 and $1.03 per liter.
- Taxi Fares - Taxi fares start at $3, with a cost of $2.02 per km.
Housing Costs
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $4000.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $90 and $350, averaging $217.5.
- Internet - Internet services range from $50 to $120, with an average cost of $72.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Restaurants
Restaurants
Markets
Markets
Transportation
Transportation
Rent Per Month
Rent Per Month
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Chevy Chase offers a high cost of living, particularly in housing and dining. The area is known for its upscale lifestyle, which is reflected in the prices.
Transportation costs are moderate, with gasoline prices being relatively low compared to other regions.
Grocery prices vary, with some items like fruits and vegetables being on the higher end.
Conclusion
In conclusion, Chevy Chase, MD, presents a high cost of living, especially in terms of housing and dining expenses. The city's proximity to Washington, D.C., and its affluent community contribute to these costs.
Potential residents should budget accordingly and consider these factors when planning a move to Chevy Chase.