Glenmont, MD Cost Of Living
Cost Of Living In Glenmont, MD Summary
Cost of living in Glenmont 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 Glenmont 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 Glenmont is 139, with 100 being the average.
The cost of living index in Glenmont is 1.4x higher than the national average.
Glenmont ranks as the #154 cheapest in Maryland out of 188.
Glenmont ranks as the #5,546 cheapest out of 6,412 in the US.
The median home value in Glenmont is $444,900.
The median income in Glenmont is $108,093.
Table Of Contents
Glenmont's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Glenmont, MD?
According to the most recent data on the cost of living, Glenmont has an overall cost of living index of 139, which is 1.4x higher than the national index of 100.
Compared to Maryland, Glenmont has a cost of living index that's 1.2x higher than Maryland's index of 120.
The standard of living in Glenmont ranks as #154 most affordable out of the 188 places we measured in Maryland. By definition, that implies Glenmont ranks as the #34 most expensive place in the Old Line State.
For more reading on life in Glenmont, check out:
- Living In Glenmont
- Search Homes For Sale In Glenmont, MD
In Maryland
In America
Glenmont Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Glenmont. Here is how it fairs on each of the criteria:
The Services index in Glenmont is 116.
The Groceries index in Glenmont is 114.
The Health index in Glenmont is 88.
The Housing index in Glenmont is 206.
The Transportation index in Glenmont is 114.
The Utilities index in Glenmont is 110.
| Living Expense | Glenmont | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 139 | 120 | 100 | |
| Services | 116 | 109 | 100 | |
| Groceries | 114 | 108 | 100 | |
| Health | 88 | 92 | 100 | |
| Housing | 206 | 156 | 100 | |
| Transportation | 114 | 100 | 100 | |
| Utilities | 110 | 108 | 100 | |
Glenmont, 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 Glenmont is $444,900.
The Median Rent in Glenmont is $1,737.
The Median Income in Glenmont is $108,093.
The Home Value To Income in Glenmont is 4.1x.
The Rent To Monthly Income in Glenmont is 0.19x.
| Statistic | Glenmont | Maryland | United States |
|---|---|---|---|
| Median Home Value | $444,900 | $338,500 | $244,900 |
| Median Rent | $1,737 | $1,485 | $1,163 |
| Median Income | $108,093 | $91,431 | $69,021 |
| Home Value To Income | 4.1x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Glenmont, MD Costs By Category
Detailed Glenmont Services Costs Vs. Maryland
Detailed Glenmont Groceries Costs Vs. Maryland
Detailed Glenmont Health Costs Vs. Maryland
Detailed Glenmont Transportation Costs Vs. Maryland
Detailed Glenmont Utilities Costs Vs. Maryland
Glenmont SnackAbility
/10
Cost Of Living In Cities Around Glenmont
The cost of living varies in the cities and towns around Glenmont. Here's a quick look at the cost of living in the most populous nearby places:
Aspen Hill, MD has a cost of living index of 140, 1.0x Glenmont.
Wheaton, MD has a cost of living index of 132, 0.9x Glenmont.
Olney, MD has a cost of living index of 150, 1.1x Glenmont.
| City | Population | Cost Of Living | Vs. Glenmont |
|---|---|---|---|
| Aspen Hill, MD | 53,850 | 140 | 1.0x |
| Wheaton, MD | 51,836 | 132 | 0.9x |
| Olney, MD | 35,815 | 150 | 1.1x |
| Ilchester, MD | 27,513 | 133 | 1.0x |
| North Potomac, MD | 24,449 | 167 | 1.2x |
| North Laurel, MD | 24,233 | 129 | 0.9x |
| White Oak, MD | 14,711 | 137 | 1.0x |
| Kemp Mill, MD | 14,509 | 141 | 1.0x |
| Colesville, MD | 14,468 | 140 | 1.0x |
| Leisure World, MD | 9,291 | 117 | 0.8x |
