Cost of living in Beltsville 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 Beltsville 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 Beltsville is 124, with 100 being the average.
The cost of living index in Beltsville is 1.2x higher than the national average.
Beltsville ranks as the #105 cheapest in Maryland out of 188.
Beltsville ranks as the #4,999 cheapest out of 6,412 in the US.
The median home value in Beltsville is $332,400.
The median income in Beltsville is $88,023.
According to the most recent data on the cost of living, Beltsville has an overall cost of living index of 124, which is 1.2x higher than the national index of 100.
Compared to Maryland, Beltsville has a cost of living index that's 1.0x higher than Maryland's index of 120.
The standard of living in Beltsville ranks as #105 most affordable out of the 188 places we measured in Maryland. By definition, that implies Beltsville ranks as the #83 most expensive place in the Old Line State.
For more reading on life in Beltsville, check out:
Six factors go into calculating the cost of living index in Beltsville. Here is how it fairs on each of the criteria:
The Services index in Beltsville is 123.
The Groceries index in Beltsville is 117.
The Health index in Beltsville is 94.
The Housing index in Beltsville is 145.
The Transportation index in Beltsville is 107.
The Utilities index in Beltsville is 113.
Living Expense | Beltsville | Maryland | National Average | |
---|---|---|---|---|
Overall | 124 | 120 | 100 | |
Services | 123 | 109 | 100 | |
Groceries | 117 | 108 | 100 | |
Health | 94 | 92 | 100 | |
Housing | 145 | 156 | 100 | |
Transportation | 107 | 100 | 100 | |
Utilities | 113 | 108 | 100 |
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 Beltsville is $332,400.
The Median Rent in Beltsville is $1,874.
The Median Income in Beltsville is $88,023.
The Home Value To Income in Beltsville is 3.8x.
The Rent To Monthly Income in Beltsville is 0.26x.
Statistic | Beltsville | Maryland | United States |
---|---|---|---|
Median Home Value | $332,400 | $338,500 | $244,900 |
Median Rent | $1,874 | $1,485 | $1,163 |
Median Income | $88,023 | $91,431 | $69,021 |
Home Value To Income | 3.8x | 3.7x | 3.5x |
Rent To Monthly Income | 0.26x | 0.19x | 0.2x |
Item | Beltsville | Maryland |
---|---|---|
Shampoo | $1.36 | $1.06 |
Movie | $13.92 | $10.68 |
Bowling | $19.57 | $14.67 |
Haircut | $30.9 | $18.62 |
Beauty Salon | $66.76 | $39.05 |
Item | Beltsville | Maryland |
---|---|---|
Ground Beef | $4.41 | $4.22 |
Fried Chicken | $1.8 | $1.39 |
Milk | $2.46 | $2.05 |
Potatoes | $4.33 | $3.29 |
Pizza | $11.68 | $10.62 |
Beer | $10.08 | $9.38 |
Toothpaste | $3.47 | $2.34 |
Item | Beltsville | Maryland |
---|---|---|
Optometrist | $79.25 | $108.57 |
Doctor | $109.41 | $116.17 |
Dentist | $94.31 | $99.13 |
Item | Beltsville | Maryland |
---|---|---|
Gasoline | $2.31 | $2.22 |
Tire Balancing | $53.69 | $50.07 |
Item | Beltsville | Maryland |
---|---|---|
All Electricity | $204.75 | $167.67 |
Phone | $184.51 | $175.64 |
The cost of living varies in the cities and towns around Beltsville. Here's a quick look at the cost of living in the most populous nearby places:
Olney, MD has a cost of living index of 150, 1.2x Beltsville.
College Park, MD has a cost of living index of 126, 1.0x Beltsville.
South Laurel, MD has a cost of living index of 130, 1.0x Beltsville.
City | Population | Cost Of Living | Vs. Beltsville |
---|---|---|---|
Olney, MD | 35,815 | 150 | 1.2x |
College Park, MD | 34,961 | 126 | 1.0x |
South Laurel, MD | 27,998 | 130 | 1.0x |
Ilchester, MD | 27,513 | 133 | 1.1x |
Fairland, MD | 25,324 | 129 | 1.0x |
Greenbelt, MD | 24,602 | 117 | 0.9x |
North Potomac, MD | 24,449 | 167 | 1.3x |
North Laurel, MD | 24,233 | 129 | 1.0x |
Calverton, MD | 17,772 | 135 | 1.1x |
Adelphi, MD | 16,977 | 123 | 1.0x |