Cost of Living in Charles County, MD

What does it cost to live in Charles County? Income, housing, and affordability breakdown.

Median Income

$116,882

Median Rent

$1,839/mo

Median Home

$382,800

Affordability

406

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$1,936
Property Tax$338
Insurance$128

Total Monthly$2,402
% of Income24.7%

Renting

Median Rent$1,839
Renter's Insurance$25

Total Monthly$1,864
% of Income18.9%

Living in Charles County, Maryland

Charles County has a median household income of $116,882 with housing costs that represent 24.7% of income for owners and 18.9% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 406 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Maryland

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.