Cost of living in Easton 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 Easton 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 Easton is 113, with 100 being the average.
The cost of living index in Easton is 1.1x higher than the national average.
Easton ranks as the #47 cheapest in Maryland out of 188.
Easton ranks as the #4,363 cheapest out of 6,412 in the US.
The median home value in Easton is $287,600.
The median income in Easton is $72,771.
According to the most recent data on the cost of living, Easton has an overall cost of living index of 113, which is 1.1x higher than the national index of 100.
Compared to Maryland, Easton has a cost of living index that's 0.9x lower than Maryland's index of 120.
The standard of living in Easton ranks as #47 most affordable out of the 188 places we measured in Maryland. By definition, that implies Easton ranks as the #141 most expensive place in the Old Line State.
For more reading on life in Easton, check out:
Six factors go into calculating the cost of living index in Easton. Here is how it fairs on each of the criteria:
The Services index in Easton is 109.
The Groceries index in Easton is 114.
The Health index in Easton is 97.
The Housing index in Easton is 135.
The Transportation index in Easton is 104.
The Utilities index in Easton is 97.
Living Expense | Easton | Maryland | National Average | |
---|---|---|---|---|
Overall | 113 | 120 | 100 | |
Services | 109 | 109 | 100 | |
Groceries | 114 | 108 | 100 | |
Health | 97 | 92 | 100 | |
Housing | 135 | 156 | 100 | |
Transportation | 104 | 100 | 100 | |
Utilities | 97 | 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 Easton is $287,600.
The Median Rent in Easton is $1,127.
The Median Income in Easton is $72,771.
The Home Value To Income in Easton is 4.0x.
The Rent To Monthly Income in Easton is 0.19x.
Statistic | Easton | Maryland | United States |
---|---|---|---|
Median Home Value | $287,600 | $338,500 | $244,900 |
Median Rent | $1,127 | $1,485 | $1,163 |
Median Income | $72,771 | $91,431 | $69,021 |
Home Value To Income | 4.0x | 3.7x | 3.5x |
Rent To Monthly Income | 0.19x | 0.19x | 0.2x |
The cost of living varies in the cities and towns around Easton. 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, 1.2x Easton.
Severna Park, MD has a cost of living index of 146, 1.3x Easton.
Crofton, MD has a cost of living index of 140, 1.2x Easton.
City | Population | Cost Of Living | Vs. Easton |
---|---|---|---|
Bowie, MD | 58,113 | 134 | 1.2x |
Severna Park, MD | 39,108 | 146 | 1.3x |
Crofton, MD | 29,812 | 140 | 1.2x |
Ilchester, MD | 27,513 | 133 | 1.2x |
Arnold, MD | 25,056 | 134 | 1.2x |
North Laurel, MD | 24,233 | 129 | 1.1x |
Elkridge, MD | 24,115 | 127 | 1.1x |
Annapolis Neck, MD | 13,059 | 153 | 1.4x |
Cape St. Claire, MD | 8,762 | 128 | 1.1x |
Savage, MD | 7,841 | 121 | 1.1x |