Cost of living in Cape St. Claire 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 Cape St. Claire 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 Cape St. Claire is 128, with 100 being the average.
The cost of living index in Cape St. Claire is 1.3x higher than the national average.
Cape St. Claire ranks as the #121 cheapest in Maryland out of 188.
Cape St. Claire ranks as the #5,183 cheapest out of 6,412 in the US.
The median home value in Cape St. Claire is $409,400.
The median income in Cape St. Claire is $115,259.
According to the most recent data on the cost of living, Cape St. Claire has an overall cost of living index of 128, which is 1.3x higher than the national index of 100.
Compared to Maryland, Cape St. Claire has a cost of living index that's 1.1x higher than Maryland's index of 120.
The standard of living in Cape St. Claire ranks as #121 most affordable out of the 188 places we measured in Maryland. By definition, that implies Cape St. Claire ranks as the #67 most expensive place in the Old Line State.
For more reading on life in Cape St. Claire, check out:
Six factors go into calculating the cost of living index in Cape St. Claire. Here is how it fairs on each of the criteria:
The Services index in Cape St. Claire is 106.
The Groceries index in Cape St. Claire is 114.
The Health index in Cape St. Claire is 84.
The Housing index in Cape St. Claire is 187.
The Transportation index in Cape St. Claire is 100.
The Utilities index in Cape St. Claire is 103.
Living Expense | Cape St. Claire | Maryland | National Average | |
---|---|---|---|---|
Overall | 128 | 120 | 100 | |
Services | 106 | 109 | 100 | |
Groceries | 114 | 108 | 100 | |
Health | 84 | 92 | 100 | |
Housing | 187 | 156 | 100 | |
Transportation | 100 | 100 | 100 | |
Utilities | 103 | 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 Cape St. Claire is $409,400.
The Median Rent in Cape St. Claire is $1,691.
The Median Income in Cape St. Claire is $115,259.
The Home Value To Income in Cape St. Claire is 3.6x.
The Rent To Monthly Income in Cape St. Claire is 0.18x.
Statistic | Cape St. Claire | Maryland | United States |
---|---|---|---|
Median Home Value | $409,400 | $338,500 | $244,900 |
Median Rent | $1,691 | $1,485 | $1,163 |
Median Income | $115,259 | $91,431 | $69,021 |
Home Value To Income | 3.6x | 3.7x | 3.5x |
Rent To Monthly Income | 0.18x | 0.19x | 0.2x |
Item | Cape St. Claire | Maryland |
---|---|---|
Shampoo | $1.0 | $1.06 |
Movie | $13.19 | $10.68 |
Bowling | $17.08 | $14.67 |
Haircut | $22.28 | $18.62 |
Beauty Salon | $52.83 | $39.05 |
Item | Cape St. Claire | Maryland |
---|---|---|
Ground Beef | $4.27 | $4.22 |
Fried Chicken | $1.66 | $1.39 |
Milk | $2.39 | $2.05 |
Potatoes | $4.1 | $3.29 |
Pizza | $11.99 | $10.62 |
Beer | $9.19 | $9.38 |
Toothpaste | $4.47 | $2.34 |
Item | Cape St. Claire | Maryland |
---|---|---|
Optometrist | $82.95 | $108.57 |
Doctor | $93.69 | $116.17 |
Dentist | $84.98 | $99.13 |
Item | Cape St. Claire | Maryland |
---|---|---|
Gasoline | $2.15 | $2.22 |
Tire Balancing | $54.77 | $50.07 |
Item | Cape St. Claire | Maryland |
---|---|---|
All Electricity | $176.72 | $167.67 |
Phone | $192.13 | $175.64 |
The cost of living varies in the cities and towns around Cape St. Claire. Here's a quick look at the cost of living in the most populous nearby places:
Bowie, MD has a cost of living index of 134, 1.0x Cape St. Claire.
Annapolis, MD has a cost of living index of 129, 1.0x Cape St. Claire.
Severna Park, MD has a cost of living index of 146, 1.1x Cape St. Claire.
City | Population | Cost Of Living | Vs. Cape St. Claire |
---|---|---|---|
Bowie, MD | 58,113 | 134 | 1.0x |
Annapolis, MD | 40,581 | 129 | 1.0x |
Severna Park, MD | 39,108 | 146 | 1.1x |
Pasadena, MD | 31,583 | 122 | 1.0x |
Crofton, MD | 29,812 | 140 | 1.1x |
Arnold, MD | 25,056 | 134 | 1.0x |
Elkridge, MD | 24,115 | 127 | 1.0x |
Lake Shore, MD | 19,388 | 127 | 1.0x |
Parole, MD | 18,488 | 137 | 1.1x |
Annapolis Neck, MD | 13,059 | 153 | 1.2x |