Cost of living in Hyattsville 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 Hyattsville 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 Hyattsville is 123, with 100 being the average.
The cost of living index in Hyattsville is 1.2x higher than the national average.
Hyattsville ranks as the #99 cheapest in Maryland out of 188.
Hyattsville ranks as the #4,954 cheapest out of 6,412 in the US.
The median home value in Hyattsville is $380,900.
The median income in Hyattsville is $84,763.
According to the most recent data on the cost of living, Hyattsville has an overall cost of living index of 123, which is 1.2x higher than the national index of 100.
Compared to Maryland, Hyattsville has a cost of living index that's 1.0x higher than Maryland's index of 120.
The standard of living in Hyattsville ranks as #99 most affordable out of the 188 places we measured in Maryland. By definition, that implies Hyattsville ranks as the #89 most expensive place in the Old Line State.
For more reading on life in Hyattsville, check out:
Six factors go into calculating the cost of living index in Hyattsville. Here is how it fairs on each of the criteria:
The Services index in Hyattsville is 124.
The Groceries index in Hyattsville is 114.
The Health index in Hyattsville is 93.
The Housing index in Hyattsville is 140.
The Transportation index in Hyattsville is 104.
The Utilities index in Hyattsville is 114.
Living Expense | Hyattsville | Maryland | National Average | |
---|---|---|---|---|
Overall | 123 | 120 | 100 | |
Services | 124 | 109 | 100 | |
Groceries | 114 | 108 | 100 | |
Health | 93 | 92 | 100 | |
Housing | 140 | 156 | 100 | |
Transportation | 104 | 100 | 100 | |
Utilities | 114 | 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 Hyattsville is $380,900.
The Median Rent in Hyattsville is $1,545.
The Median Income in Hyattsville is $84,763.
The Home Value To Income in Hyattsville is 4.5x.
The Rent To Monthly Income in Hyattsville is 0.22x.
Statistic | Hyattsville | Maryland | United States |
---|---|---|---|
Median Home Value | $380,900 | $338,500 | $244,900 |
Median Rent | $1,545 | $1,485 | $1,163 |
Median Income | $84,763 | $91,431 | $69,021 |
Home Value To Income | 4.5x | 3.7x | 3.5x |
Rent To Monthly Income | 0.22x | 0.19x | 0.2x |
Item | Hyattsville | Maryland |
---|---|---|
Shampoo | $1.36 | $1.06 |
Movie | $13.92 | $10.68 |
Bowling | $19.57 | $14.67 |
Haircut | $30.9 | $18.62 |
Beauty Salon | $66.76 | $39.05 |
Item | Hyattsville | Maryland |
---|---|---|
Ground Beef | $4.41 | $4.22 |
Fried Chicken | $1.8 | $1.39 |
Milk | $2.46 | $2.05 |
Potatoes | $4.33 | $3.29 |
Pizza | $11.68 | $10.62 |
Beer | $10.08 | $9.38 |
Toothpaste | $3.47 | $2.34 |
Item | Hyattsville | Maryland |
---|---|---|
Optometrist | $79.25 | $108.57 |
Doctor | $109.41 | $116.17 |
Dentist | $94.31 | $99.13 |
Item | Hyattsville | Maryland |
---|---|---|
Gasoline | $2.31 | $2.22 |
Tire Balancing | $53.69 | $50.07 |
Item | Hyattsville | Maryland |
---|---|---|
All Electricity | $204.75 | $167.67 |
Phone | $184.51 | $175.64 |
The cost of living varies in the cities and towns around Hyattsville. Here's a quick look at the cost of living in the most populous nearby places:
Chillum, MD has a cost of living index of 122, 1.0x Hyattsville.
Olney, MD has a cost of living index of 150, 1.2x Hyattsville.
North Potomac, MD has a cost of living index of 167, 1.4x Hyattsville.
City | Population | Cost Of Living | Vs. Hyattsville |
---|---|---|---|
Chillum, MD | 36,428 | 122 | 1.0x |
Olney, MD | 35,815 | 150 | 1.2x |
North Potomac, MD | 24,449 | 167 | 1.4x |
North Laurel, MD | 24,233 | 129 | 1.0x |
Kemp Mill, MD | 14,509 | 141 | 1.1x |
Colesville, MD | 14,468 | 140 | 1.1x |
Travilah, MD | 11,052 | 227 | 1.8x |
Bladensburg, MD | 9,591 | 112 | 0.9x |
South Kensington, MD | 8,566 | 181 | 1.5x |
Mount Rainier, MD | 8,290 | 123 | 1.0x |