Cost of living in Leisure World 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 Leisure World 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 Leisure World is 117, with 100 being the average.
The cost of living index in Leisure World is 1.2x higher than the national average.
Leisure World ranks as the #70 cheapest in Maryland out of 188.
Leisure World ranks as the #4,628 cheapest out of 6,412 in the US.
The median home value in Leisure World is $231,000.
The median income in Leisure World is $61,078.
According to the most recent data on the cost of living, Leisure World has an overall cost of living index of 117, which is 1.2x higher than the national index of 100.
Compared to Maryland, Leisure World has a cost of living index that's 1.0x lower than Maryland's index of 120.
The standard of living in Leisure World ranks as #70 most affordable out of the 188 places we measured in Maryland. By definition, that implies Leisure World ranks as the #118 most expensive place in the Old Line State.
For more reading on life in Leisure World, check out:
Six factors go into calculating the cost of living index in Leisure World. Here is how it fairs on each of the criteria:
The Services index in Leisure World is 115.
The Groceries index in Leisure World is 116.
The Health index in Leisure World is 87.
The Housing index in Leisure World is 126.
The Transportation index in Leisure World is 117.
The Utilities index in Leisure World is 109.
Living Expense | Leisure World | Maryland | National Average | |
---|---|---|---|---|
Overall | 117 | 120 | 100 | |
Services | 115 | 109 | 100 | |
Groceries | 116 | 108 | 100 | |
Health | 87 | 92 | 100 | |
Housing | 126 | 156 | 100 | |
Transportation | 117 | 100 | 100 | |
Utilities | 109 | 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 Leisure World is $231,000.
The Median Rent in Leisure World is $1,786.
The Median Income in Leisure World is $61,078.
The Home Value To Income in Leisure World is 3.8x.
The Rent To Monthly Income in Leisure World is 0.35x.
Statistic | Leisure World | Maryland | United States |
---|---|---|---|
Median Home Value | $231,000 | $338,500 | $244,900 |
Median Rent | $1,786 | $1,485 | $1,163 |
Median Income | $61,078 | $91,431 | $69,021 |
Home Value To Income | 3.8x | 3.7x | 3.5x |
Rent To Monthly Income | 0.35x | 0.19x | 0.2x |
Item | Leisure World | 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 |
Item | Leisure World | 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 |
Item | Leisure World | Maryland |
---|---|---|
Optometrist | $75.0 | $108.57 |
Doctor | $97.0 | $116.17 |
Dentist | $87.0 | $99.13 |
Item | Leisure World | Maryland |
---|---|---|
Gasoline | $2.44 | $2.22 |
Tire Balancing | $62.0 | $50.07 |
Item | Leisure World | Maryland |
---|---|---|
All Electricity | $193.98 | $167.67 |
Phone | $190.63 | $175.64 |
The cost of living varies in the cities and towns around Leisure World. 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, 1.2x Leisure World.
Wheaton, MD has a cost of living index of 132, 1.1x Leisure World.
Olney, MD has a cost of living index of 150, 1.3x Leisure World.
City | Population | Cost Of Living | Vs. Leisure World |
---|---|---|---|
Aspen Hill, MD | 53,850 | 140 | 1.2x |
Wheaton, MD | 51,836 | 132 | 1.1x |
Olney, MD | 35,815 | 150 | 1.3x |
Ilchester, MD | 27,513 | 133 | 1.1x |
North Potomac, MD | 24,449 | 167 | 1.4x |
North Laurel, MD | 24,233 | 129 | 1.1x |
Redland, MD | 17,965 | 140 | 1.2x |
Cloverly, MD | 16,473 | 146 | 1.2x |
Glenmont, MD | 15,795 | 139 | 1.2x |
Kemp Mill, MD | 14,509 | 141 | 1.2x |