Cresaptown, MD Cost Of Living
Cost Of Living In Cresaptown, MD Summary
Cost of living in Cresaptown 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 Cresaptown 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 Cresaptown is 94, with 100 being the average.
The cost of living index in Cresaptown is 0.9x lower than the national average.
Cresaptown ranks as the #2 cheapest in Maryland out of 188.
Cresaptown ranks as the #2,290 cheapest out of 6,412 in the US.
The median home value in Cresaptown is $137,400.
The median income in Cresaptown is $52,281.
Table Of Contents
Cresaptown's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Cresaptown, MD?
According to the most recent data on the cost of living, Cresaptown has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to Maryland, Cresaptown has a cost of living index that's 0.8x lower than Maryland's index of 120.
The standard of living in Cresaptown ranks as #2 most affordable out of the 188 places we measured in Maryland. By definition, that implies Cresaptown ranks as the #186 most expensive place in the Old Line State.
For more reading on life in Cresaptown, check out:
- Living In Cresaptown
- Search Homes For Sale In Cresaptown, MD
In Maryland
In America
Cresaptown Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Cresaptown. Here is how it fairs on each of the criteria:
The Services index in Cresaptown is 102.
The Groceries index in Cresaptown is 95.
The Health index in Cresaptown is 101.
The Housing index in Cresaptown is 79.
The Transportation index in Cresaptown is 96.
The Utilities index in Cresaptown is 101.
| Living Expense | Cresaptown | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 94 | 120 | 100 | |
| Services | 102 | 109 | 100 | |
| Groceries | 95 | 108 | 100 | |
| Health | 101 | 92 | 100 | |
| Housing | 79 | 156 | 100 | |
| Transportation | 96 | 100 | 100 | |
| Utilities | 101 | 108 | 100 | |
Cresaptown, MD Housing Cost Breakdown
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 Cresaptown is $137,400.
The Median Rent in Cresaptown is $774.
The Median Income in Cresaptown is $52,281.
The Home Value To Income in Cresaptown is 2.6x.
The Rent To Monthly Income in Cresaptown is 0.18x.
| Statistic | Cresaptown | Maryland | United States |
|---|---|---|---|
| Median Home Value | $137,400 | $338,500 | $244,900 |
| Median Rent | $774 | $1,485 | $1,163 |
| Median Income | $52,281 | $91,431 | $69,021 |
| Home Value To Income | 2.6x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Cresaptown, MD Costs By Category
Detailed Cresaptown Services Costs Vs. Maryland
| Item | Cresaptown | Maryland |
|---|---|---|
| Shampoo | $1.49 | $1.06 |
| Movie | $10.46 | $10.68 |
| Bowling | $16.33 | $14.67 |
| Haircut | $10.53 | $18.62 |
| Beauty Salon | $31.08 | $39.05 |
Detailed Cresaptown Groceries Costs Vs. Maryland
| Item | Cresaptown | Maryland |
|---|---|---|
| Ground Beef | $4.13 | $4.22 |
| Fried Chicken | $1.22 | $1.39 |
| Milk | $2.23 | $2.05 |
| Potatoes | $3.01 | $3.29 |
| Pizza | $11.5 | $10.62 |
| Beer | $10.99 | $9.38 |
| Toothpaste | $3.41 | $2.34 |
Detailed Cresaptown Health Costs Vs. Maryland
| Item | Cresaptown | Maryland |
|---|---|---|
| Optometrist | $111.67 | $108.57 |
| Doctor | $108.27 | $116.17 |
| Dentist | $108.44 | $99.13 |
Detailed Cresaptown Transportation Costs Vs. Maryland
| Item | Cresaptown | Maryland |
|---|---|---|
| Gasoline | $2.28 | $2.22 |
| Tire Balancing | $37.25 | $50.07 |
Detailed Cresaptown Utilities Costs Vs. Maryland
| Item | Cresaptown | Maryland |
|---|---|---|
| All Electricity | $171.46 | $167.67 |
| Phone | $177.97 | $175.64 |
Cresaptown SnackAbility
/10
Cost Of Living In Cities Around Cresaptown
The cost of living varies in the cities and towns around Cresaptown. Here's a quick look at the cost of living in the most populous nearby places:
Cumberland, MD has a cost of living index of 86, 0.9x Cresaptown.
Frostburg, MD has a cost of living index of 95, 1.0x Cresaptown.
| City | Population | Cost Of Living | Vs. Cresaptown |
|---|---|---|---|
| Cumberland, MD | 19,028 | 86 | 0.9x |
| Frostburg, MD | 7,282 | 95 | 1.0x |
