Cost of living in Marlton 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 Marlton 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 Marlton is 119, with 100 being the average.
The cost of living index in Marlton is 1.2x higher than the national average.
Marlton ranks as the #76 cheapest in Maryland out of 188.
Marlton ranks as the #4,736 cheapest out of 6,412 in the US.
The median home value in Marlton is $330,400.
The median income in Marlton is $116,507.
According to the most recent data on the cost of living, Marlton has an overall cost of living index of 119, which is 1.2x higher than the national index of 100.
Compared to Maryland, Marlton has a cost of living index that's 1.0x lower than Maryland's index of 120.
The standard of living in Marlton ranks as #76 most affordable out of the 188 places we measured in Maryland. By definition, that implies Marlton ranks as the #112 most expensive place in the Old Line State.
For more reading on life in Marlton, check out:
Six factors go into calculating the cost of living index in Marlton. Here is how it fairs on each of the criteria:
The Services index in Marlton is 108.
The Groceries index in Marlton is 119.
The Health index in Marlton is 104.
The Housing index in Marlton is 149.
The Transportation index in Marlton is 100.
The Utilities index in Marlton is 96.
Living Expense | Marlton | Maryland | National Average | |
---|---|---|---|---|
Overall | 119 | 120 | 100 | |
Services | 108 | 109 | 100 | |
Groceries | 119 | 108 | 100 | |
Health | 104 | 92 | 100 | |
Housing | 149 | 156 | 100 | |
Transportation | 100 | 100 | 100 | |
Utilities | 96 | 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 Marlton is $330,400.
The Median Rent in Marlton is $1,803.
The Median Income in Marlton is $116,507.
The Home Value To Income in Marlton is 2.8x.
The Rent To Monthly Income in Marlton is 0.19x.
Statistic | Marlton | Maryland | United States |
---|---|---|---|
Median Home Value | $330,400 | $338,500 | $244,900 |
Median Rent | $1,803 | $1,485 | $1,163 |
Median Income | $116,507 | $91,431 | $69,021 |
Home Value To Income | 2.8x | 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 Marlton. Here's a quick look at the cost of living in the most populous nearby places:
Arlington, VA has a cost of living index of 167, 1.4x Marlton.
Alexandria, VA has a cost of living index of 150, 1.3x Marlton.
Bowie, MD has a cost of living index of 134, 1.1x Marlton.
City | Population | Cost Of Living | Vs. Marlton |
---|---|---|---|
Arlington, VA | 235,764 | 167 | 1.4x |
Alexandria, VA | 158,185 | 150 | 1.3x |
Bowie, MD | 58,113 | 134 | 1.1x |
Clinton, MD | 39,925 | 125 | 1.1x |
Crofton, MD | 29,812 | 140 | 1.2x |
Kingstowne, VA | 18,369 | 143 | 1.2x |
Takoma Park, MD | 17,610 | 151 | 1.3x |
Fort Hunt, VA | 16,322 | 180 | 1.5x |
Bensville, MD | 14,483 | 135 | 1.1x |
Annapolis Neck, MD | 13,059 | 153 | 1.3x |