Aberdeen, MD Cost Of Living
Cost Of Living In Aberdeen, MD Summary
Cost of living in Aberdeen research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Aberdeen is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Maryland, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Aberdeen is 104, with 100 being the average.
The cost of living index in Aberdeen is 1.0x higher than the national average.
Aberdeen ranks as the #17 cheapest in Maryland out of 188.
Aberdeen ranks as the #3,585 cheapest out of 6,412 in the US.
The median home value in Aberdeen is $203,700.
The median income in Aberdeen is $70,885.
Table Of Contents
Aberdeen's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Aberdeen, MD?
According to the most recent data on the cost of living, Aberdeen has an overall cost of living index of 104, which is 1.0x higher than the national index of 100.
Compared to Maryland, Aberdeen has a cost of living index that's 0.9x lower than Maryland's index of 120.
The standard of living in Aberdeen ranks as #17 most affordable out of the 188 places we measured in Maryland. By definition, that implies Aberdeen ranks as the #171 most expensive place in the Old Line State.
For more reading on life in Aberdeen, check out:
- Living In Aberdeen
- Aberdeen Crime Report
- Search Homes For Sale In Aberdeen, MD
In Maryland
In America
Aberdeen Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Aberdeen. Here is how it fairs on each of the criteria:
The Services index in Aberdeen is 105.
The Groceries index in Aberdeen is 111.
The Health index in Aberdeen is 83.
The Housing index in Aberdeen is 104.
The Transportation index in Aberdeen is 100.
The Utilities index in Aberdeen is 107.
| Living Expense | Aberdeen | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 104 | 120 | 100 | |
| Services | 105 | 109 | 100 | |
| Groceries | 111 | 108 | 100 | |
| Health | 83 | 92 | 100 | |
| Housing | 104 | 156 | 100 | |
| Transportation | 100 | 100 | 100 | |
| Utilities | 107 | 108 | 100 | |
Aberdeen, MD Housing Cost Breakdown
Housing swings affordability the most between places in Maryland, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Aberdeen is $203,700.
The Median Rent in Aberdeen is $1,115.
The Median Income in Aberdeen is $70,885.
The Home Value To Income in Aberdeen is 2.9x.
The Rent To Monthly Income in Aberdeen is 0.19x.
| Statistic | Aberdeen | Maryland | United States |
|---|---|---|---|
| Median Home Value | $203,700 | $338,500 | $244,900 |
| Median Rent | $1,115 | $1,485 | $1,163 |
| Median Income | $70,885 | $91,431 | $69,021 |
| Home Value To Income | 2.9x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Aberdeen, MD Costs By Category
Detailed Aberdeen Services Costs Vs. Maryland
Detailed Aberdeen Groceries Costs Vs. Maryland
Detailed Aberdeen Health Costs Vs. Maryland
Detailed Aberdeen Transportation Costs Vs. Maryland
Detailed Aberdeen Utilities Costs Vs. Maryland
Aberdeen SnackAbility
/10
Cost Of Living In Cities Around Aberdeen
The cost of living varies in the cities and towns around Aberdeen. Here's a quick look at the cost of living in the most populous nearby places:
Bel Air South, MD has a cost of living index of 115, 1.1x Aberdeen.
Bel Air North, MD has a cost of living index of 124, 1.2x Aberdeen.
Perry Hall, MD has a cost of living index of 114, 1.1x Aberdeen.
| City | Population | Cost Of Living | Vs. Aberdeen |
|---|---|---|---|
| Bel Air South, MD | 56,928 | 115 | 1.1x |
| Bel Air North, MD | 30,969 | 124 | 1.2x |
| Perry Hall, MD | 29,165 | 114 | 1.1x |
| Edgewood, MD | 25,004 | 103 | 1.0x |
| Havre de Grace, MD | 14,625 | 116 | 1.1x |
| Joppatowne, MD | 12,992 | 114 | 1.1x |
| Fallston, MD | 9,696 | 128 | 1.2x |
| White Marsh, MD | 9,663 | 115 | 1.1x |
| Riverside, MD | 6,193 | 110 | 1.1x |
