Cost of living in Coral Hills 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 Coral Hills 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 Coral Hills is 114, with 100 being the average.
The cost of living index in Coral Hills is 1.1x higher than the national average.
Coral Hills ranks as the #52 cheapest in Maryland out of 188.
Coral Hills ranks as the #4,427 cheapest out of 6,412 in the US.
The median home value in Coral Hills is $256,600.
The median income in Coral Hills is $71,766.
According to the most recent data on the cost of living, Coral Hills has an overall cost of living index of 114, which is 1.1x higher than the national index of 100.
Compared to Maryland, Coral Hills has a cost of living index that's 0.9x lower than Maryland's index of 120.
The standard of living in Coral Hills ranks as #52 most affordable out of the 188 places we measured in Maryland. By definition, that implies Coral Hills ranks as the #136 most expensive place in the Old Line State.
For more reading on life in Coral Hills, check out:
Six factors go into calculating the cost of living index in Coral Hills. Here is how it fairs on each of the criteria:
The Services index in Coral Hills is 121.
The Groceries index in Coral Hills is 116.
The Health index in Coral Hills is 94.
The Housing index in Coral Hills is 110.
The Transportation index in Coral Hills is 107.
The Utilities index in Coral Hills is 114.
Living Expense | Coral Hills | Maryland | National Average | |
---|---|---|---|---|
Overall | 114 | 120 | 100 | |
Services | 121 | 109 | 100 | |
Groceries | 116 | 108 | 100 | |
Health | 94 | 92 | 100 | |
Housing | 110 | 156 | 100 | |
Transportation | 107 | 100 | 100 | |
Utilities | 114 | 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 Coral Hills is $256,600.
The Median Rent in Coral Hills is $1,551.
The Median Income in Coral Hills is $71,766.
The Home Value To Income in Coral Hills is 3.6x.
The Rent To Monthly Income in Coral Hills is 0.26x.
Statistic | Coral Hills | Maryland | United States |
---|---|---|---|
Median Home Value | $256,600 | $338,500 | $244,900 |
Median Rent | $1,551 | $1,485 | $1,163 |
Median Income | $71,766 | $91,431 | $69,021 |
Home Value To Income | 3.6x | 3.7x | 3.5x |
Rent To Monthly Income | 0.26x | 0.19x | 0.2x |
Item | Coral Hills | 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 | Coral Hills | 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 | Coral Hills | Maryland |
---|---|---|
Optometrist | $79.25 | $108.57 |
Doctor | $109.41 | $116.17 |
Dentist | $94.31 | $99.13 |
Item | Coral Hills | Maryland |
---|---|---|
Gasoline | $2.31 | $2.22 |
Tire Balancing | $53.69 | $50.07 |
Item | Coral Hills | Maryland |
---|---|---|
All Electricity | $204.75 | $167.67 |
Phone | $184.51 | $175.64 |
The cost of living varies in the cities and towns around Coral Hills. Here's a quick look at the cost of living in the most populous nearby places:
Suitland, MD has a cost of living index of 116, 1.0x Coral Hills.
North Laurel, MD has a cost of living index of 129, 1.1x Coral Hills.
Kemp Mill, MD has a cost of living index of 141, 1.2x Coral Hills.
City | Population | Cost Of Living | Vs. Coral Hills |
---|---|---|---|
Suitland, MD | 26,375 | 116 | 1.0x |
North Laurel, MD | 24,233 | 129 | 1.1x |
Kemp Mill, MD | 14,509 | 141 | 1.2x |
Colesville, MD | 14,468 | 140 | 1.2x |
Walker Mill, MD | 10,596 | 114 | 1.0x |
Forestville, MD | 10,575 | 116 | 1.0x |
Chevy Chase, MD | 9,889 | 204 | 1.8x |
South Kensington, MD | 8,566 | 181 | 1.6x |
Four Corners, MD | 8,131 | 148 | 1.3x |
Silver Hill, MD | 5,717 | 109 | 1.0x |