Cost of living in Langley Park 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 Langley Park 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 Langley Park is 119, with 100 being the average.
The cost of living index in Langley Park is 1.2x higher than the national average.
Langley Park ranks as the #76 cheapest in Maryland out of 188.
Langley Park ranks as the #4,736 cheapest out of 6,412 in the US.
The median home value in Langley Park is $284,900.
The median income in Langley Park is $68,405.
According to the most recent data on the cost of living, Langley Park has an overall cost of living index of 119, which is 1.2x higher than the national index of 100.
Compared to Maryland, Langley Park has a cost of living index that's 1.0x lower than Maryland's index of 120.
The standard of living in Langley Park ranks as #76 most affordable out of the 188 places we measured in Maryland. By definition, that implies Langley Park ranks as the #112 most expensive place in the Old Line State.
For more reading on life in Langley Park, check out:
Six factors go into calculating the cost of living index in Langley Park. Here is how it fairs on each of the criteria:
The Services index in Langley Park is 123.
The Groceries index in Langley Park is 118.
The Health index in Langley Park is 92.
The Housing index in Langley Park is 127.
The Transportation index in Langley Park is 106.
The Utilities index in Langley Park is 115.
Living Expense | Langley Park | Maryland | National Average | |
---|---|---|---|---|
Overall | 119 | 120 | 100 | |
Services | 123 | 109 | 100 | |
Groceries | 118 | 108 | 100 | |
Health | 92 | 92 | 100 | |
Housing | 127 | 156 | 100 | |
Transportation | 106 | 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 Langley Park is $284,900.
The Median Rent in Langley Park is $1,546.
The Median Income in Langley Park is $68,405.
The Home Value To Income in Langley Park is 4.2x.
The Rent To Monthly Income in Langley Park is 0.27x.
Statistic | Langley Park | Maryland | United States |
---|---|---|---|
Median Home Value | $284,900 | $338,500 | $244,900 |
Median Rent | $1,546 | $1,485 | $1,163 |
Median Income | $68,405 | $91,431 | $69,021 |
Home Value To Income | 4.2x | 3.7x | 3.5x |
Rent To Monthly Income | 0.27x | 0.19x | 0.2x |
Item | Langley Park | 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 | Langley Park | 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 | Langley Park | Maryland |
---|---|---|
Optometrist | $79.25 | $108.57 |
Doctor | $109.41 | $116.17 |
Dentist | $94.31 | $99.13 |
Item | Langley Park | Maryland |
---|---|---|
Gasoline | $2.31 | $2.22 |
Tire Balancing | $53.69 | $50.07 |
Item | Langley Park | Maryland |
---|---|---|
All Electricity | $204.75 | $167.67 |
Phone | $184.51 | $175.64 |
The cost of living varies in the cities and towns around Langley Park. Here's a quick look at the cost of living in the most populous nearby places:
Silver Spring, MD has a cost of living index of 147, 1.2x Langley Park.
Chillum, MD has a cost of living index of 122, 1.0x Langley Park.
Olney, MD has a cost of living index of 150, 1.3x Langley Park.
City | Population | Cost Of Living | Vs. Langley Park |
---|---|---|---|
Silver Spring, MD | 82,472 | 147 | 1.2x |
Chillum, MD | 36,428 | 122 | 1.0x |
Olney, MD | 35,815 | 150 | 1.3x |
College Park, MD | 34,961 | 126 | 1.1x |
Ilchester, MD | 27,513 | 133 | 1.1x |
North Potomac, MD | 24,449 | 167 | 1.4x |
North Laurel, MD | 24,233 | 129 | 1.1x |
Hyattsville, MD | 20,790 | 123 | 1.0x |
Takoma Park, MD | 17,610 | 151 | 1.3x |
Adelphi, MD | 16,977 | 123 | 1.0x |