Cost of living in Joppatowne 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 Joppatowne 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 Joppatowne is 114, with 100 being the average.
The cost of living index in Joppatowne is 1.1x higher than the national average.
Joppatowne ranks as the #52 cheapest in Maryland out of 188.
Joppatowne ranks as the #4,427 cheapest out of 6,412 in the US.
The median home value in Joppatowne is $273,400.
The median income in Joppatowne is $97,887.
According to the most recent data on the cost of living, Joppatowne has an overall cost of living index of 114, which is 1.1x higher than the national index of 100.
Compared to Maryland, Joppatowne has a cost of living index that's 0.9x lower than Maryland's index of 120.
The standard of living in Joppatowne ranks as #52 most affordable out of the 188 places we measured in Maryland. By definition, that implies Joppatowne ranks as the #136 most expensive place in the Old Line State.
For more reading on life in Joppatowne, check out:
Six factors go into calculating the cost of living index in Joppatowne. Here is how it fairs on each of the criteria:
The Services index in Joppatowne is 106.
The Groceries index in Joppatowne is 111.
The Health index in Joppatowne is 86.
The Housing index in Joppatowne is 130.
The Transportation index in Joppatowne is 99.
The Utilities index in Joppatowne is 106.
Living Expense | Joppatowne | Maryland | National Average | |
---|---|---|---|---|
Overall | 114 | 120 | 100 | |
Services | 106 | 109 | 100 | |
Groceries | 111 | 108 | 100 | |
Health | 86 | 92 | 100 | |
Housing | 130 | 156 | 100 | |
Transportation | 99 | 100 | 100 | |
Utilities | 106 | 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 Joppatowne is $273,400.
The Median Rent in Joppatowne is $1,331.
The Median Income in Joppatowne is $97,887.
The Home Value To Income in Joppatowne is 2.8x.
The Rent To Monthly Income in Joppatowne is 0.16x.
Statistic | Joppatowne | Maryland | United States |
---|---|---|---|
Median Home Value | $273,400 | $338,500 | $244,900 |
Median Rent | $1,331 | $1,485 | $1,163 |
Median Income | $97,887 | $91,431 | $69,021 |
Home Value To Income | 2.8x | 3.7x | 3.5x |
Rent To Monthly Income | 0.16x | 0.19x | 0.2x |
Item | Joppatowne | Maryland |
---|---|---|
Shampoo | $1.0 | $1.06 |
Movie | $13.19 | $10.68 |
Bowling | $17.08 | $14.67 |
Haircut | $22.28 | $18.62 |
Beauty Salon | $52.83 | $39.05 |
Item | Joppatowne | Maryland |
---|---|---|
Ground Beef | $4.27 | $4.22 |
Fried Chicken | $1.66 | $1.39 |
Milk | $2.39 | $2.05 |
Potatoes | $4.1 | $3.29 |
Pizza | $11.99 | $10.62 |
Beer | $9.19 | $9.38 |
Toothpaste | $4.47 | $2.34 |
Item | Joppatowne | Maryland |
---|---|---|
Optometrist | $82.95 | $108.57 |
Doctor | $93.69 | $116.17 |
Dentist | $84.98 | $99.13 |
Item | Joppatowne | Maryland |
---|---|---|
Gasoline | $2.15 | $2.22 |
Tire Balancing | $54.77 | $50.07 |
Item | Joppatowne | Maryland |
---|---|---|
All Electricity | $176.72 | $167.67 |
Phone | $192.13 | $175.64 |
The cost of living varies in the cities and towns around Joppatowne. Here's a quick look at the cost of living in the most populous nearby places:
Bel Air South, MD has a cost of living index of 115, 1.0x Joppatowne.
Bel Air North, MD has a cost of living index of 124, 1.1x Joppatowne.
Middle River, MD has a cost of living index of 101, 0.9x Joppatowne.
City | Population | Cost Of Living | Vs. Joppatowne |
---|---|---|---|
Bel Air South, MD | 56,928 | 115 | 1.0x |
Bel Air North, MD | 30,969 | 124 | 1.1x |
Middle River, MD | 30,606 | 101 | 0.9x |
Perry Hall, MD | 29,165 | 114 | 1.0x |
Edgewood, MD | 25,004 | 103 | 0.9x |
Rossville, MD | 15,633 | 110 | 1.0x |
Mays Chapel, MD | 12,428 | 130 | 1.1x |
Riviera Beach, MD | 12,012 | 119 | 1.0x |
Timonium, MD | 11,136 | 133 | 1.2x |
Fallston, MD | 9,696 | 128 | 1.1x |