The Cost of Living in Fort Washington, Maryland
Fort Washington is a beautiful community in Prince George’s County, Maryland, located along the Potomac River. Just a short drive from Washington, D.C., this area attracts families and professionals looking for a quiet suburban lifestyle with easy access to the nation’s capital. Fort Washington is known for its historic sites, scenic parks, and strong sense of community. If you’re considering moving here, it’s important to understand the cost of living. Below, we’ll break down home prices, rent, utilities, taxes, and more.
How Much Does Housing Cost in Fort Washington, Maryland?
The cost of buying a home in Fort Washington varies based on location, home size, and features. On average:
- Single-family homes cost around $450,000
- Townhouses are priced near $350,000
- Condos can be found for $250,000
Some neighborhoods, like Tantallon and Fort Washington Estates, tend to have higher prices due to larger homes and proximity to the water. Recently, home prices have been rising due to strong demand in the area. For more home value trends, visit Maryland Realtors.
How Much Does It Cost to Rent in Fort Washington, Maryland?
If you’re looking to rent, here’s what you can expect to pay in Fort Washington:
- A one-bedroom apartment averages $1,600 per month
- A two-bedroom apartment costs around $2,000 per month
- A three-bedroom home rents for about $2,500 per month
Neighborhoods closer to the Potomac River or major highways tend to have higher rent prices, while more affordable options can be found further inland. Rental prices have increased in recent years as more people choose to live in the area.
What Are the Utility Costs in Fort Washington, Maryland?
Utilities in Fort Washington include electricity, gas, water, sewage, and internet. On average, monthly utility costs are:
- Electricity: $150 per month (provided by Pepco)
- Gas: $80 per month (provided by Washington Gas)
- Water & Sewer: $90 per month (provided by WSSC Water)
- Internet: $60–$100 per month (offered by Xfinity and Verizon Fios)
For a full list of local utility providers, visit the Maryland Public Service Commission.
What Are the Taxes Like in Fort Washington, Maryland?
Taxes in Fort Washington include property tax, state income tax, and sales tax:
- Property Tax: 1.3% of a home's assessed value
- State Income Tax: 4.75%–5.75%, depending on income bracket
- Sales Tax: 6% statewide
For more details on Maryland tax rates, visit the Maryland Department of Assessments and Taxation.
What Are the Transportation Costs in Fort Washington, Maryland?
Public transportation in Fort Washington is mainly serviced by Metrobus and the nearby Branch Avenue Metro Station, which connects to Washington, D.C. A one-way Metro fare ranges from $2.00–$6.00, depending on distance. A Metrobus ride costs $2.00 per trip.
Other transportation costs include:
- Gas prices: Around $3.50 per gallon
- Average commute time: 35 minutes
- Car insurance: $150 per month, depending on driving history
How Much Do Groceries and Dining Out Cost in Fort Washington?
The average grocery bill for a household in Fort Washington is about $400–$600 per month. Popular grocery stores include Safeway, Giant, and Aldi.
Dining out costs:
- Fast food meal: Around $10
- Casual dining: About $15–$25 per person
- Fine dining: $40+ per person
What Are the Entertainment and Leisure Costs in Fort Washington, Maryland?
Living in Fort Washington means access to parks, gyms, and fun activities. Some common expenses include:
- Gym membership: Around $40–$60 per month
- Movie ticket: $12–$15
- Local events and concerts: $20–$50
Popular attractions include Fort Washington Park, National Harbor, and the MGM Casino, which offer a mix of free and paid entertainment.
Frequently Asked Questions About the Cost of Living in Fort Washington, Maryland
Q: Is Fort Washington, Maryland an affordable place to live?
A: Fort Washington is more affordable than nearby Washington, D.C., but costs more than other areas in Prince George’s County. Housing and transportation costs are the biggest expenses.
Q: What is a good salary to live in Fort Washington, Maryland?
A: A salary of $80,000–$100,000 per year is ideal for a comfortable lifestyle in Fort Washington, depending on personal expenses and family size.
Q: How does the cost of living in Fort Washington, Maryland compare to other cities?
A: Fort Washington is more affordable than Washington, D.C., but pricier than cities like Bowie and Waldorf. Home prices and rent are slightly higher than the Maryland average.
Q: What is the most expensive neighborhood in Fort Washington, Maryland?
A: The Tantallon area, near the golf course and waterfront, has some of the highest home prices in Fort Washington.
Q: What is the cheapest neighborhood in Fort Washington, Maryland?
A: Areas farther from the river, such as parts of Saylor Woods, offer more affordable housing options in Fort Washington.
Moving to Fort Washington offers a great balance between suburban living and city access. If you’re considering making this area your home, knowing the costs can help you plan for a smooth transition!
