Cost of living in Bensville 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 Bensville 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 Bensville is 135, with 100 being the average.
The cost of living index in Bensville is 1.4x higher than the national average.
Bensville ranks as the #146 cheapest in Maryland out of 188.
Bensville ranks as the #5,435 cheapest out of 6,412 in the US.
The median home value in Bensville is $384,400.
The median income in Bensville is $143,011.
According to the most recent data on the cost of living, Bensville has an overall cost of living index of 135, which is 1.4x higher than the national index of 100.
Compared to Maryland, Bensville has a cost of living index that's 1.1x higher than Maryland's index of 120.
The standard of living in Bensville ranks as #146 most affordable out of the 188 places we measured in Maryland. By definition, that implies Bensville ranks as the #42 most expensive place in the Old Line State.
For more reading on life in Bensville, check out:
Six factors go into calculating the cost of living index in Bensville. Here is how it fairs on each of the criteria:
The Services index in Bensville is 106.
The Groceries index in Bensville is 120.
The Health index in Bensville is 101.
The Housing index in Bensville is 201.
The Transportation index in Bensville is 103.
The Utilities index in Bensville is 97.
Living Expense | Bensville | Maryland | National Average | |
---|---|---|---|---|
Overall | 135 | 120 | 100 | |
Services | 106 | 109 | 100 | |
Groceries | 120 | 108 | 100 | |
Health | 101 | 92 | 100 | |
Housing | 201 | 156 | 100 | |
Transportation | 103 | 100 | 100 | |
Utilities | 97 | 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 Bensville is $384,400.
The Median Rent in Bensville is $2,294.
The Median Income in Bensville is $143,011.
The Home Value To Income in Bensville is 2.7x.
The Rent To Monthly Income in Bensville is 0.19x.
Statistic | Bensville | Maryland | United States |
---|---|---|---|
Median Home Value | $384,400 | $338,500 | $244,900 |
Median Rent | $2,294 | $1,485 | $1,163 |
Median Income | $143,011 | $91,431 | $69,021 |
Home Value To Income | 2.7x | 3.7x | 3.5x |
Rent To Monthly Income | 0.19x | 0.19x | 0.2x |
The cost of living varies in the cities and towns around Bensville. 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, 1.2x Bensville.
Alexandria, VA has a cost of living index of 150, 1.1x Bensville.
Waldorf, MD has a cost of living index of 121, 0.9x Bensville.
City | Population | Cost Of Living | Vs. Bensville |
---|---|---|---|
Arlington, VA | 235,764 | 167 | 1.2x |
Alexandria, VA | 158,185 | 150 | 1.1x |
Waldorf, MD | 79,190 | 121 | 0.9x |
Burke, VA | 44,191 | 154 | 1.1x |
Fort Washington, MD | 25,840 | 125 | 0.9x |
West Springfield, VA | 23,562 | 147 | 1.1x |
Kingstowne, VA | 18,369 | 143 | 1.1x |
Fort Hunt, VA | 16,322 | 180 | 1.3x |
Newington Forest, VA | 12,641 | 144 | 1.1x |
Accokeek, MD | 12,241 | 131 | 1.0x |