Cost of living in Bowie 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 Bowie 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 Bowie is 134, with 100 being the average.
The cost of living index in Bowie is 1.3x higher than the national average.
Bowie ranks as the #143 cheapest in Maryland out of 188.
Bowie ranks as the #5,400 cheapest out of 6,412 in the US.
The median home value in Bowie is $362,800.
The median income in Bowie is $127,029.
According to the most recent data on the cost of living, Bowie has an overall cost of living index of 134, which is 1.3x higher than the national index of 100.
Compared to Maryland, Bowie has a cost of living index that's 1.1x higher than Maryland's index of 120.
The standard of living in Bowie ranks as #143 most affordable out of the 188 places we measured in Maryland. By definition, that implies Bowie ranks as the #45 most expensive place in the Old Line State.
For more reading on life in Bowie, check out:
Six factors go into calculating the cost of living index in Bowie. Here is how it fairs on each of the criteria:
The Services index in Bowie is 124.
The Groceries index in Bowie is 118.
The Health index in Bowie is 95.
The Housing index in Bowie is 172.
The Transportation index in Bowie is 107.
The Utilities index in Bowie is 115.
Living Expense | Bowie | Maryland | National Average | |
---|---|---|---|---|
Overall | 134 | 120 | 100 | |
Services | 124 | 109 | 100 | |
Groceries | 118 | 108 | 100 | |
Health | 95 | 92 | 100 | |
Housing | 172 | 156 | 100 | |
Transportation | 107 | 100 | 100 | |
Utilities | 115 | 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 Bowie is $362,800.
The Median Rent in Bowie is $2,014.
The Median Income in Bowie is $127,029.
The Home Value To Income in Bowie is 2.9x.
The Rent To Monthly Income in Bowie is 0.19x.
Statistic | Bowie | Maryland | United States |
---|---|---|---|
Median Home Value | $362,800 | $338,500 | $244,900 |
Median Rent | $2,014 | $1,485 | $1,163 |
Median Income | $127,029 | $91,431 | $69,021 |
Home Value To Income | 2.9x | 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 Bowie. Here's a quick look at the cost of living in the most populous nearby places:
Crofton, MD has a cost of living index of 140, 1.0x Bowie.
Ilchester, MD has a cost of living index of 133, 1.0x Bowie.
North Laurel, MD has a cost of living index of 129, 1.0x Bowie.
City | Population | Cost Of Living | Vs. Bowie |
---|---|---|---|
Crofton, MD | 29,812 | 140 | 1.0x |
Ilchester, MD | 27,513 | 133 | 1.0x |
North Laurel, MD | 24,233 | 129 | 1.0x |
Glenn Dale, MD | 15,426 | 140 | 1.0x |
Kemp Mill, MD | 14,509 | 141 | 1.1x |
Colesville, MD | 14,468 | 140 | 1.0x |
Lake Arbor, MD | 14,376 | 130 | 1.0x |
Kettering, MD | 13,924 | 123 | 0.9x |
Mitchellville, MD | 12,160 | 138 | 1.0x |
Lanham, MD | 11,460 | 125 | 0.9x |