Accokeek, MD Cost Of Living
Cost Of Living In Accokeek, MD Summary
Cost of living in Accokeek 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 Accokeek 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 Accokeek is 131, with 100 being the average.
The cost of living index in Accokeek is 1.3x higher than the national average.
Accokeek ranks as the #135 cheapest in Maryland out of 188.
Accokeek ranks as the #5,294 cheapest out of 6,412 in the US.
The median home value in Accokeek is $415,300.
The median income in Accokeek is $140,338.
Table Of Contents
Accokeek's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Accokeek, MD?
According to the most recent data on the cost of living, Accokeek has an overall cost of living index of 131, which is 1.3x higher than the national index of 100.
Compared to Maryland, Accokeek has a cost of living index that's 1.1x higher than Maryland's index of 120.
The standard of living in Accokeek ranks as #135 most affordable out of the 188 places we measured in Maryland. By definition, that implies Accokeek ranks as the #53 most expensive place in the Old Line State.
For more reading on life in Accokeek, check out:
- Living In Accokeek
- Search Homes For Sale In Accokeek, MD
In Maryland
In America
Accokeek Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Accokeek. Here is how it fairs on each of the criteria:
The Services index in Accokeek is 108.
The Groceries index in Accokeek is 120.
The Health index in Accokeek is 105.
The Housing index in Accokeek is 186.
The Transportation index in Accokeek is 100.
The Utilities index in Accokeek is 98.
| Living Expense | Accokeek | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 131 | 120 | 100 | |
| Services | 108 | 109 | 100 | |
| Groceries | 120 | 108 | 100 | |
| Health | 105 | 92 | 100 | |
| Housing | 186 | 156 | 100 | |
| Transportation | 100 | 100 | 100 | |
| Utilities | 98 | 108 | 100 | |
Accokeek, 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 Accokeek is $415,300.
The Median Rent in Accokeek is $1,620.
The Median Income in Accokeek is $140,338.
The Home Value To Income in Accokeek is 3.0x.
The Rent To Monthly Income in Accokeek is 0.14x.
| Statistic | Accokeek | Maryland | United States |
|---|---|---|---|
| Median Home Value | $415,300 | $338,500 | $244,900 |
| Median Rent | $1,620 | $1,485 | $1,163 |
| Median Income | $140,338 | $91,431 | $69,021 |
| Home Value To Income | 3.0x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.14x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Accokeek, MD Costs By Category
Detailed Accokeek Services Costs Vs. Maryland
Detailed Accokeek Groceries Costs Vs. Maryland
Detailed Accokeek Health Costs Vs. Maryland
Detailed Accokeek Transportation Costs Vs. Maryland
Detailed Accokeek Utilities Costs Vs. Maryland
Accokeek SnackAbility
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Cost Of Living In Cities Around Accokeek
The cost of living varies in the cities and towns around Accokeek. Here's a quick look at the cost of living in the most populous nearby places:
Arlington, VA has a cost of living index of 167, 1.3x Accokeek.
Alexandria, VA has a cost of living index of 150, 1.1x Accokeek.
Waldorf, MD has a cost of living index of 121, 0.9x Accokeek.
| City | Population | Cost Of Living | Vs. Accokeek |
|---|---|---|---|
| Arlington, VA | 235,764 | 167 | 1.3x |
| Alexandria, VA | 158,185 | 150 | 1.1x |
| Waldorf, MD | 79,190 | 121 | 0.9x |
| Burke, VA | 44,191 | 154 | 1.2x |
| Fort Washington, MD | 25,840 | 125 | 1.0x |
| Hybla Valley, VA | 18,410 | 124 | 0.9x |
| Fort Hunt, VA | 16,322 | 180 | 1.4x |
| Bensville, MD | 14,483 | 135 | 1.0x |
| Kings Park West, VA | 13,812 | 158 | 1.2x |
| Mount Vernon, VA | 13,707 | 153 | 1.2x |
