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CNBC: Maryland 9th Most Expensive Place to Live

An average home in the DC suburbs will run you half-a-million dollars, the cable network says.

Maryland, my Maryland—your 9th most expensive place to live in the U.S., according to CNBC. Patch file photo.
Maryland, my Maryland—your 9th most expensive place to live in the U.S., according to CNBC. Patch file photo.

By Whitney Teal

When comparing the costs of everything from real estate to red meat, Maryland is one of the most expensive places in the United States to call home, according to a survey of the 50 states by CNBC. The state ranks 9th most expensive, to be exact, with the driving force being home prices in the “Bethesda-Gaithersburg-Frederick Metro” (i.e. DC suburbs) averaging $577,834.

Other things will also cost you more in Maryland than they would in, say, Mississippi, the survey says. A pound of ground beef is $3.39, a month of heating or cooling is more than $200 and a doctor’s visit is about $83.

So, which states are more expensive than Maryland? Massachusetts is 8th, Rhode Island is 7th, California is 6th, New Jersey is 5th, New York is 4th, Connecticut is 3rd and the youngest states—Alaska and Hawaii, respectively—are the most expensive places to live.

What do you think? Is Maryland worth the cost? Would you trade in “The Free State” for a state that costs less?


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