Cost of living in Catonsville 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 Catonsville 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 Catonsville is 122, with 100 being the average.
The cost of living index in Catonsville is 1.2x higher than the national average.
Catonsville ranks as the #92 cheapest in Maryland out of 188.
Catonsville ranks as the #4,905 cheapest out of 6,412 in the US.
The median home value in Catonsville is $333,300.
The median income in Catonsville is $93,481.
According to the most recent data on the cost of living, Catonsville has an overall cost of living index of 122, which is 1.2x higher than the national index of 100.
Compared to Maryland, Catonsville has a cost of living index that's 1.0x higher than Maryland's index of 120.
The standard of living in Catonsville ranks as #92 most affordable out of the 188 places we measured in Maryland. By definition, that implies Catonsville ranks as the #96 most expensive place in the Old Line State.
For more reading on life in Catonsville, check out:
Six factors go into calculating the cost of living index in Catonsville. Here is how it fairs on each of the criteria:
The Services index in Catonsville is 106.
The Groceries index in Catonsville is 111.
The Health index in Catonsville is 85.
The Housing index in Catonsville is 161.
The Transportation index in Catonsville is 101.
The Utilities index in Catonsville is 105.
Living Expense | Catonsville | Maryland | National Average | |
---|---|---|---|---|
Overall | 122 | 120 | 100 | |
Services | 106 | 109 | 100 | |
Groceries | 111 | 108 | 100 | |
Health | 85 | 92 | 100 | |
Housing | 161 | 156 | 100 | |
Transportation | 101 | 100 | 100 | |
Utilities | 105 | 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 Catonsville is $333,300.
The Median Rent in Catonsville is $1,506.
The Median Income in Catonsville is $93,481.
The Home Value To Income in Catonsville is 3.6x.
The Rent To Monthly Income in Catonsville is 0.19x.
Statistic | Catonsville | Maryland | United States |
---|---|---|---|
Median Home Value | $333,300 | $338,500 | $244,900 |
Median Rent | $1,506 | $1,485 | $1,163 |
Median Income | $93,481 | $91,431 | $69,021 |
Home Value To Income | 3.6x | 3.7x | 3.5x |
Rent To Monthly Income | 0.19x | 0.19x | 0.2x |
Item | Catonsville | 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 | Catonsville | 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 | Catonsville | Maryland |
---|---|---|
Optometrist | $82.95 | $108.57 |
Doctor | $93.69 | $116.17 |
Dentist | $84.98 | $99.13 |
Item | Catonsville | Maryland |
---|---|---|
Gasoline | $2.15 | $2.22 |
Tire Balancing | $54.77 | $50.07 |
Item | Catonsville | Maryland |
---|---|---|
All Electricity | $176.72 | $167.67 |
Phone | $192.13 | $175.64 |
The cost of living varies in the cities and towns around Catonsville. Here's a quick look at the cost of living in the most populous nearby places:
Columbia, MD has a cost of living index of 129, 1.1x Catonsville.
Severna Park, MD has a cost of living index of 146, 1.2x Catonsville.
Olney, MD has a cost of living index of 150, 1.2x Catonsville.
City | Population | Cost Of Living | Vs. Catonsville |
---|---|---|---|
Columbia, MD | 105,086 | 129 | 1.1x |
Severna Park, MD | 39,108 | 146 | 1.2x |
Olney, MD | 35,815 | 150 | 1.2x |
Milford Mill, MD | 30,685 | 106 | 0.9x |
Crofton, MD | 29,812 | 140 | 1.1x |
Ilchester, MD | 27,513 | 133 | 1.1x |
Lochearn, MD | 26,995 | 106 | 0.9x |
North Laurel, MD | 24,233 | 129 | 1.1x |
Elkridge, MD | 24,115 | 127 | 1.0x |
Arbutus, MD | 19,662 | 111 | 0.9x |