Layhill, MD Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Layhill, MD Summary

Cost of living in Layhill 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 Layhill 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 Layhill is 144, with 100 being the average.

  • The cost of living index in Layhill is 1.4x higher than the national average.

  • Layhill ranks as the #164 cheapest in Maryland out of 188.

  • Layhill ranks as the #5,704 cheapest out of 6,412 in the US.

  • The median home value in Layhill is $459,600.

  • The median income in Layhill is $110,208.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
144
Layhill's Overall Cost Of Living
1.4x
Higher Than The National Average

What is the cost of living in Layhill, MD?

According to the most recent data on the cost of living, Layhill has an overall cost of living index of 144, which is 1.4x higher than the national index of 100.

Compared to Maryland, Layhill has a cost of living index that's 1.2x higher than Maryland's index of 120.

The standard of living in Layhill ranks as #164 most affordable out of the 188 places we measured in Maryland. By definition, that implies Layhill ranks as the #24 most expensive place in the Old Line State.

For more reading on life in Layhill, check out:

164 out of 188
In Maryland
5,704 out of 6,412
In America

Layhill Cost Of Living Vs. Maryland

Six factors go into calculating the cost of living index in Layhill. Here is how it fairs on each of the criteria:

  • The Services index in Layhill is 116.

  • The Groceries index in Layhill is 114.

  • The Health index in Layhill is 85.

  • The Housing index in Layhill is 218.

  • The Transportation index in Layhill is 115.

  • The Utilities index in Layhill is 112.

Living Expense Layhill Maryland National Average
Overall 144 120 100
Services 116 109 100
Groceries 114 108 100
Health 85 92 100
Housing 218 156 100
Transportation 115 100 100
Utilities 112 108 100
For more reading on cost of living around Maryland, check out:
Layhill Cost of Living Vs. MD

Layhill, 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 Layhill is $459,600.

  • The Median Rent in Layhill is $2,009.

  • The Median Income in Layhill is $110,208.

  • The Home Value To Income in Layhill is 4.2x.

  • The Rent To Monthly Income in Layhill is 0.22x.

Statistic Layhill Maryland United States
Median Home Value $459,600 $338,500 $244,900
Median Rent $2,009 $1,485 $1,163
Median Income $110,208 $91,431 $69,021
Home Value To Income 4.2x 3.7x 3.5x
Rent To Monthly Income 0.22x 0.19x 0.2x
Search Homes For Sale In Layhill, MD
$459,600
Median Home Value
$2,009
Median Rent
$110,208
Median Income

Layhill, MD Costs By Category

Detailed Layhill Services Costs Vs. Maryland

Item Layhill Maryland
Shampoo $1.43 $1.06
Movie $12.5 $10.68
Bowling $21.25 $14.67
Haircut $31.92 $18.62
Beauty Salon $63.67 $39.05

Detailed Layhill Groceries Costs Vs. Maryland

Item Layhill Maryland
Ground Beef $4.7 $4.22
Fried Chicken $1.75 $1.39
Milk $2.49 $2.05
Potatoes $3.99 $3.29
Pizza $11.99 $10.62
Beer $10.99 $9.38
Toothpaste $2.74 $2.34

Detailed Layhill Health Costs Vs. Maryland

Item Layhill Maryland
Optometrist $75.0 $108.57
Doctor $97.0 $116.17
Dentist $87.0 $99.13

Detailed Layhill Transportation Costs Vs. Maryland

Item Layhill Maryland
Gasoline $2.44 $2.22
Tire Balancing $62.0 $50.07

Detailed Layhill Utilities Costs Vs. Maryland

Item Layhill Maryland
All Electricity $193.98 $167.67
Phone $190.63 $175.64

Layhill SnackAbility

7
/10
Overall SnackAbility
Jobs
8/10
Housing
9.5
Affordability
4
Diversity
10
Safety
N/A
Amenities
8.5
Education
8
Commute
3

Cost Of Living In Cities Around Layhill

The cost of living varies in the cities and towns around Layhill. 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 Layhill.

  • Wheaton, MD has a cost of living index of 132, 0.9x Layhill.

  • Olney, MD has a cost of living index of 150, 1.0x Layhill.

City Population Cost Of Living Vs. Layhill
Aspen Hill, MD 53,850 140 1.0x
Wheaton, MD 51,836 132 0.9x
Olney, MD 35,815 150 1.0x
Ilchester, MD 27,513 133 0.9x
Clarksburg, MD 27,354 153 1.1x
North Potomac, MD 24,449 167 1.2x
North Laurel, MD 24,233 129 0.9x
Cloverly, MD 16,473 146 1.0x
Glenmont, MD 15,795 139 1.0x
Kemp Mill, MD 14,509 141 1.0x

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