Is Annapolis expensive to live in?

Annapolis is among the most expensive of the 112 US cities we track. Its one-bedroom rent of $1,598 per month ranks #11 of 112 and is 48% higher than the $1,080 median.

What is the average rent in Annapolis?

Average rent in Annapolis, MD runs a studio around $1,239, a one-bedroom around $1,598, a two-bedroom around $1,864, a three-bedroom around $2,232 per month (US Census ACS).

How much do you need to earn to live in Annapolis?

To keep a one-bedroom rent of $1,598 near the recommended 30% of gross income, you'd want to earn roughly $64,000 a year. The median household income here is $104,257.

How much does it cost to live in Annapolis per month?

A rough monthly baseline for one person in Annapolis is about $1,820 — one-bedroom rent plus typical residential electricity and heating. It excludes food, transport, and healthcare, so a full budget is higher.

Cost of Living in Annapolis, MD

Population 40,744 · Maryland

~$1,820/mo est.1BR $1,598Home $510,200

Photo: Terry Granger / Unsplash

Compare with:

The cost of living in Annapolis, MD is driven mostly by housing. A one-bedroom apartment rents for around $1,598 a month — 48% higher than the $1,080 median across the 112 large US cities we track. Studios average $1,239 and two-bedrooms $1,864.

Median household income here is $104,257, 50% higher than the $69,423 median of the cities we track. Adding typical electricity and heating to one-bedroom rent, a rough monthly baseline for one person is about $1,820 before food and transport. Maryland has a top state income tax rate of 6.50% and a 6% state sales tax.

Rent1BR $1,598

Studio

$1,239

1 Bedroom

$1,598

2 Bedroom

$1,864

3 Bedroom

$2,232

Buying a Home$510,200

Median Home Value

$510,200

Income$104,257

Median Household Income

$104,257

Metro Median Wage (annual)

$59,070

Household income: Census ACS, city. Metro median wage: BLS OEWS, all occupations, 2025 (metro area).

GroceriesSouth

Milk (gal)

$4.00

Bread (lb)

$1.75

Eggs (doz)

$2.21

Ground Beef (lb)

$6.45

Chicken (lb)

$1.90

Bananas (lb)

$0.62

Average prices, South (BLS, 2026-07-01). Regional where available, otherwise U.S. average.

Utilities21.8¢/kWh

Electricity

21.8¢/kWh

Natural Gas

$18.94/MCF

Residential, state-level averages (EIA, 2026-05-01). MCF = 1,000 cubic feet.

Gas$3.86/gal

Regular Gasoline (East Coast (PADD 1))

$3.86/gal

EIA weekly retail average, week of 2026-08-17.

State Taxes (MD)6% sales

State Sales Tax

State Income Tax (top rate)

Up to 6.50%

State-level rates. Local sales taxes may add more. Income tax shown is the top marginal rate; most filers pay less.

Crime806 violent

Violent Crime (per 100k/yr)

806

Property Crime (per 100k/yr)

2,111.5

FBI Crime Data Explorer, Annapolis Police Department (2024). Offenses per 100,000 residents per year. Agency reporting practices vary, so cross-city comparisons are approximate.

People & LifestyleAge 40.9 yrs

Median Age

40.9 yrs

Homeownership

59.8%

Bachelor's+ (25+)

53.7%

Avg Commute

28.7 min

Climate57.1°F

Avg Annual Temperature

57.1°F

Annual Precipitation

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Annapolis cost of living — FAQ

Is Annapolis expensive to live in?: Annapolis is among the most expensive of the 112 US cities we track. Its one-bedroom rent of $1,598 per month ranks #11 of 112 and is 48% higher than the $1,080 median.
What is the average rent in Annapolis?: Average rent in Annapolis, MD runs a studio around $1,239, a one-bedroom around $1,598, a two-bedroom around $1,864, a three-bedroom around $2,232 per month (US Census ACS).
How much do you need to earn to live in Annapolis?: To keep a one-bedroom rent of $1,598 near the recommended 30% of gross income, you'd want to earn roughly $64,000 a year. The median household income here is $104,257.
How much does it cost to live in Annapolis per month?: A rough monthly baseline for one person in Annapolis is about $1,820 — one-bedroom rent plus typical residential electricity and heating. It excludes food, transport, and healthcare, so a full budget is higher.

Compare Annapolis with nearby cities

Annapolis vs Baltimore Annapolis vs Washington Annapolis vs Frederick Annapolis vs Wilmington Annapolis vs Philadelphia Annapolis vs Richmond

Nearby cities

Baltimore, MD 22 mi Washington, DC 30 mi Frederick, MD 58 mi Wilmington, DE 73 mi Philadelphia, PA 98 mi Richmond, VA 112 mi

Sources: US Census Bureau, ACS 5-Year (rent, income, home value, demographics); NOAA Climate Normals 1981-2010 (climate); EIA (gas, utilities); BLS Average Price Data (groceries) & OEWS (metro wage); transit agencies (fares); FBI Crime Data Explorer (crime); Tax Foundation 2026 (state taxes). Monthly estimate = 1BR rent + utilities; not a full cost of living.