Cost of living in Marlboro Village 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 Marlboro Village 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 Marlboro Village is 126, with 100 being the average.
The cost of living index in Marlboro Village is 1.3x higher than the national average.
Marlboro Village ranks as the #113 cheapest in Maryland out of 188.
Marlboro Village ranks as the #5,091 cheapest out of 6,412 in the US.
The median home value in Marlboro Village is $281,300.
The median income in Marlboro Village is $110,392.
According to the most recent data on the cost of living, Marlboro Village has an overall cost of living index of 126, which is 1.3x higher than the national index of 100.
Compared to Maryland, Marlboro Village has a cost of living index that's 1.1x higher than Maryland's index of 120.
The standard of living in Marlboro Village ranks as #113 most affordable out of the 188 places we measured in Maryland. By definition, that implies Marlboro Village ranks as the #75 most expensive place in the Old Line State.
For more reading on life in Marlboro Village, check out:
Six factors go into calculating the cost of living index in Marlboro Village. Here is how it fairs on each of the criteria:
The Services index in Marlboro Village is 120.
The Groceries index in Marlboro Village is 118.
The Health index in Marlboro Village is 94.
The Housing index in Marlboro Village is 155.
The Transportation index in Marlboro Village is 107.
The Utilities index in Marlboro Village is 111.
Living Expense | Marlboro Village | Maryland | National Average | |
---|---|---|---|---|
Overall | 126 | 120 | 100 | |
Services | 120 | 109 | 100 | |
Groceries | 118 | 108 | 100 | |
Health | 94 | 92 | 100 | |
Housing | 155 | 156 | 100 | |
Transportation | 107 | 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 Marlboro Village is $281,300.
The Median Rent in Marlboro Village is $1,910.
The Median Income in Marlboro Village is $110,392.
The Home Value To Income in Marlboro Village is 2.5x.
The Rent To Monthly Income in Marlboro Village is 0.21x.
Statistic | Marlboro Village | Maryland | United States |
---|---|---|---|
Median Home Value | $281,300 | $338,500 | $244,900 |
Median Rent | $1,910 | $1,485 | $1,163 |
Median Income | $110,392 | $91,431 | $69,021 |
Home Value To Income | 2.5x | 3.7x | 3.5x |
Rent To Monthly Income | 0.21x | 0.19x | 0.2x |
Item | Marlboro Village | 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 | Marlboro Village | 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 | Marlboro Village | Maryland |
---|---|---|
Optometrist | $79.25 | $108.57 |
Doctor | $109.41 | $116.17 |
Dentist | $94.31 | $99.13 |
Item | Marlboro Village | Maryland |
---|---|---|
Gasoline | $2.31 | $2.22 |
Tire Balancing | $53.69 | $50.07 |
Item | Marlboro Village | Maryland |
---|---|---|
All Electricity | $204.75 | $167.67 |
Phone | $184.51 | $175.64 |