Cost of living in Glenarden 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 Glenarden 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 Glenarden is 121, with 100 being the average.
The cost of living index in Glenarden is 1.2x higher than the national average.
Glenarden ranks as the #87 cheapest in Maryland out of 188.
Glenarden ranks as the #4,857 cheapest out of 6,412 in the US.
The median home value in Glenarden is $334,900.
The median income in Glenarden is $91,467.
According to the most recent data on the cost of living, Glenarden has an overall cost of living index of 121, which is 1.2x higher than the national index of 100.
Compared to Maryland, Glenarden has a cost of living index that's 1.0x higher than Maryland's index of 120.
The standard of living in Glenarden ranks as #87 most affordable out of the 188 places we measured in Maryland. By definition, that implies Glenarden ranks as the #101 most expensive place in the Old Line State.
For more reading on life in Glenarden, check out:
Six factors go into calculating the cost of living index in Glenarden. Here is how it fairs on each of the criteria:
The Services index in Glenarden is 123.
The Groceries index in Glenarden is 115.
The Health index in Glenarden is 91.
The Housing index in Glenarden is 128.
The Transportation index in Glenarden is 105.
The Utilities index in Glenarden is 115.
Living Expense | Glenarden | Maryland | National Average | |
---|---|---|---|---|
Overall | 121 | 120 | 100 | |
Services | 123 | 109 | 100 | |
Groceries | 115 | 108 | 100 | |
Health | 91 | 92 | 100 | |
Housing | 128 | 156 | 100 | |
Transportation | 105 | 100 | 100 | |
Utilities | 115 | 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 Glenarden is $334,900.
The Median Rent in Glenarden is $1,419.
The Median Income in Glenarden is $91,467.
The Home Value To Income in Glenarden is 3.7x.
The Rent To Monthly Income in Glenarden is 0.19x.
Statistic | Glenarden | Maryland | United States |
---|---|---|---|
Median Home Value | $334,900 | $338,500 | $244,900 |
Median Rent | $1,419 | $1,485 | $1,163 |
Median Income | $91,467 | $91,431 | $69,021 |
Home Value To Income | 3.7x | 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 Glenarden. Here's a quick look at the cost of living in the most populous nearby places:
Olney, MD has a cost of living index of 150, 1.2x Glenarden.
Landover, MD has a cost of living index of 112, 0.9x Glenarden.
North Laurel, MD has a cost of living index of 129, 1.1x Glenarden.
City | Population | Cost Of Living | Vs. Glenarden |
---|---|---|---|
Olney, MD | 35,815 | 150 | 1.2x |
Landover, MD | 24,508 | 112 | 0.9x |
North Laurel, MD | 24,233 | 129 | 1.1x |
Summerfield, MD | 16,002 | 120 | 1.0x |
Kemp Mill, MD | 14,509 | 141 | 1.2x |
Colesville, MD | 14,468 | 140 | 1.2x |
Lake Arbor, MD | 14,376 | 130 | 1.1x |
New Carrollton, MD | 13,574 | 118 | 1.0x |
Mitchellville, MD | 12,160 | 138 | 1.1x |
Lanham, MD | 11,460 | 125 | 1.0x |