The cost of living in Takoma Park, Maryland (MD) is higher than the average cost of living in the state of Maryland and higher than the nationwide city average. The average annual pay in Takoma Park is $71,704.00, which is $13,598.00 higher than the salary average in Maryland and higher than the U.S. average yearly wages by $18,083.00.
The CPI calculation is based on a statistical model that takes into account some of the major personal consumption categories such as healthcare, transportation, housing, education and food, in addition to the average Takoma Park annual salary, sales tax rates and the regional consumer price index.
