Cost of living in Linganore 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 Linganore 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 Linganore is 134, with 100 being the average.
The cost of living index in Linganore is 1.3x higher than the national average.
Linganore ranks as the #143 cheapest in Maryland out of 188.
Linganore ranks as the #5,400 cheapest out of 6,412 in the US.
The median home value in Linganore is $409,700.
The median income in Linganore is $150,000.
According to the most recent data on the cost of living, Linganore has an overall cost of living index of 134, which is 1.3x higher than the national index of 100.
Compared to Maryland, Linganore has a cost of living index that's 1.1x higher than Maryland's index of 120.
The standard of living in Linganore ranks as #143 most affordable out of the 188 places we measured in Maryland. By definition, that implies Linganore ranks as the #45 most expensive place in the Old Line State.
For more reading on life in Linganore, check out:
Six factors go into calculating the cost of living index in Linganore. Here is how it fairs on each of the criteria:
The Services index in Linganore is 116.
The Groceries index in Linganore is 116.
The Health index in Linganore is 85.
The Housing index in Linganore is 185.
The Transportation index in Linganore is 116.
The Utilities index in Linganore is 111.
Living Expense | Linganore | Maryland | National Average | |
---|---|---|---|---|
Overall | 134 | 120 | 100 | |
Services | 116 | 109 | 100 | |
Groceries | 116 | 108 | 100 | |
Health | 85 | 92 | 100 | |
Housing | 185 | 156 | 100 | |
Transportation | 116 | 100 | 100 | |
Utilities | 111 | 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 Linganore is $409,700.
The Median Rent in Linganore is $2,333.
The Median Income in Linganore is $150,000.
The Home Value To Income in Linganore is 2.7x.
The Rent To Monthly Income in Linganore is 0.19x.
Statistic | Linganore | Maryland | United States |
---|---|---|---|
Median Home Value | $409,700 | $338,500 | $244,900 |
Median Rent | $2,333 | $1,485 | $1,163 |
Median Income | $150,000 | $91,431 | $69,021 |
Home Value To Income | 2.7x | 3.7x | 3.5x |
Rent To Monthly Income | 0.19x | 0.19x | 0.2x |
The cost of living varies in the cities and towns around Linganore. Here's a quick look at the cost of living in the most populous nearby places:
Germantown, MD has a cost of living index of 130, 1.0x Linganore.
Frederick, MD has a cost of living index of 116, 0.9x Linganore.
Eldersburg, MD has a cost of living index of 126, 0.9x Linganore.
City | Population | Cost Of Living | Vs. Linganore |
---|---|---|---|
Germantown, MD | 90,235 | 130 | 1.0x |
Frederick, MD | 76,376 | 116 | 0.9x |
Eldersburg, MD | 30,418 | 126 | 0.9x |
Clarksburg, MD | 27,354 | 153 | 1.1x |
Ballenger Creek, MD | 23,114 | 119 | 0.9x |
Damascus, MD | 16,945 | 138 | 1.0x |
Urbana, MD | 12,841 | 149 | 1.1x |
Mount Airy, MD | 9,621 | 133 | 1.0x |
Taneytown, MD | 7,183 | 111 | 0.8x |
Thurmont, MD | 6,247 | 115 | 0.9x |