Cost of living in Darnestown 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 Darnestown 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 Darnestown is 174, with 100 being the average.
The cost of living index in Darnestown is 1.7x higher than the national average.
Darnestown ranks as the #183 cheapest in Maryland out of 188.
Darnestown ranks as the #6,169 cheapest out of 6,412 in the US.
The median home value in Darnestown is $760,900.
The median income in Darnestown is $187,238.
According to the most recent data on the cost of living, Darnestown has an overall cost of living index of 174, which is 1.7x higher than the national index of 100.
Compared to Maryland, Darnestown has a cost of living index that's 1.4x higher than Maryland's index of 120.
The standard of living in Darnestown ranks as #183 most affordable out of the 188 places we measured in Maryland. By definition, that implies Darnestown ranks as the #5 most expensive place in the Old Line State.
For more reading on life in Darnestown, check out:
Six factors go into calculating the cost of living index in Darnestown. Here is how it fairs on each of the criteria:
The Services index in Darnestown is 116.
The Groceries index in Darnestown is 112.
The Health index in Darnestown is 87.
The Housing index in Darnestown is 318.
The Transportation index in Darnestown is 114.
The Utilities index in Darnestown is 112.
Living Expense | Darnestown | Maryland | National Average | |
---|---|---|---|---|
Overall | 174 | 120 | 100 | |
Services | 116 | 109 | 100 | |
Groceries | 112 | 108 | 100 | |
Health | 87 | 92 | 100 | |
Housing | 318 | 156 | 100 | |
Transportation | 114 | 100 | 100 | |
Utilities | 112 | 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 Darnestown is $760,900.
The Median Rent in Darnestown is $1,779.
The Median Income in Darnestown is $187,238.
The Home Value To Income in Darnestown is 4.1x.
The Rent To Monthly Income in Darnestown is 0.11x.
Statistic | Darnestown | Maryland | United States |
---|---|---|---|
Median Home Value | $760,900 | $338,500 | $244,900 |
Median Rent | $1,779 | $1,485 | $1,163 |
Median Income | $187,238 | $91,431 | $69,021 |
Home Value To Income | 4.1x | 3.7x | 3.5x |
Rent To Monthly Income | 0.11x | 0.19x | 0.2x |
Item | Darnestown | Maryland |
---|---|---|
Shampoo | $1.43 | $1.06 |
Movie | $12.5 | $10.68 |
Bowling | $21.25 | $14.67 |
Haircut | $31.92 | $18.62 |
Beauty Salon | $63.67 | $39.05 |
Item | Darnestown | Maryland |
---|---|---|
Ground Beef | $4.7 | $4.22 |
Fried Chicken | $1.75 | $1.39 |
Milk | $2.49 | $2.05 |
Potatoes | $3.99 | $3.29 |
Pizza | $11.99 | $10.62 |
Beer | $10.99 | $9.38 |
Toothpaste | $2.74 | $2.34 |
Item | Darnestown | Maryland |
---|---|---|
Optometrist | $75.0 | $108.57 |
Doctor | $97.0 | $116.17 |
Dentist | $87.0 | $99.13 |
Item | Darnestown | Maryland |
---|---|---|
Gasoline | $2.44 | $2.22 |
Tire Balancing | $62.0 | $50.07 |
Item | Darnestown | Maryland |
---|---|---|
All Electricity | $193.98 | $167.67 |
Phone | $190.63 | $175.64 |
The cost of living varies in the cities and towns around Darnestown. Here's a quick look at the cost of living in the most populous nearby places:
Germantown, MD has a cost of living index of 130, 0.7x Darnestown.
Gaithersburg, MD has a cost of living index of 134, 0.8x Darnestown.
Olney, MD has a cost of living index of 150, 0.9x Darnestown.
City | Population | Cost Of Living | Vs. Darnestown |
---|---|---|---|
Germantown, MD | 90,235 | 130 | 0.7x |
Gaithersburg, MD | 68,827 | 134 | 0.8x |
Olney, MD | 35,815 | 150 | 0.9x |
Clarksburg, MD | 27,354 | 153 | 0.9x |
North Potomac, MD | 24,449 | 167 | 1.0x |
Great Falls, VA | 14,690 | 238 | 1.4x |
Kemp Mill, MD | 14,509 | 141 | 0.8x |
Colesville, MD | 14,468 | 140 | 0.8x |
Sugarland Run, VA | 12,928 | 137 | 0.8x |
Cascades, VA | 12,509 | 150 | 0.9x |