Maryland City, MD Cost Of Living
Cost Of Living In Maryland City, MD Summary
Cost of living in Maryland City 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 Maryland City 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 Maryland City is 120, with 100 being the average.
The cost of living index in Maryland City is 1.2x higher than the national average.
Maryland City ranks as the #82 cheapest in Maryland out of 188.
Maryland City ranks as the #4,798 cheapest out of 6,412 in the US.
The median home value in Maryland City is $334,100.
The median income in Maryland City is $96,036.
Table Of Contents
Maryland City's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Maryland City, MD?
According to the most recent data on the cost of living, Maryland City has an overall cost of living index of 120, which is 1.2x higher than the national index of 100.
Compared to Maryland, Maryland City has a cost of living index that's 1.0x lower than Maryland's index of 120.
The standard of living in Maryland City ranks as #82 most affordable out of the 188 places we measured in Maryland. By definition, that implies Maryland City ranks as the #106 most expensive place in the Old Line State.
For more reading on life in Maryland City, check out:
- Living In Maryland City
- Search Homes For Sale In Maryland City, MD
In Maryland
In America
Maryland City Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Maryland City. Here is how it fairs on each of the criteria:
The Services index in Maryland City is 105.
The Groceries index in Maryland City is 111.
The Health index in Maryland City is 85.
The Housing index in Maryland City is 164.
The Transportation index in Maryland City is 102.
The Utilities index in Maryland City is 107.
| Living Expense | Maryland City | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 120 | 120 | 100 | |
| Services | 105 | 109 | 100 | |
| Groceries | 111 | 108 | 100 | |
| Health | 85 | 92 | 100 | |
| Housing | 164 | 156 | 100 | |
| Transportation | 102 | 100 | 100 | |
| Utilities | 107 | 108 | 100 | |
Maryland City, 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 Maryland City is $334,100.
The Median Rent in Maryland City is $2,027.
The Median Income in Maryland City is $96,036.
The Home Value To Income in Maryland City is 3.5x.
The Rent To Monthly Income in Maryland City is 0.25x.
| Statistic | Maryland City | Maryland | United States |
|---|---|---|---|
| Median Home Value | $334,100 | $338,500 | $244,900 |
| Median Rent | $2,027 | $1,485 | $1,163 |
| Median Income | $96,036 | $91,431 | $69,021 |
| Home Value To Income | 3.5x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.25x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Maryland City, MD Costs By Category
Detailed Maryland City Services Costs Vs. Maryland
| Item | Maryland City | Maryland |
|---|---|---|
| Shampoo | $1.0 | $1.06 |
| Movie | $13.19 | $10.68 |
| Bowling | $17.08 | $14.67 |
| Haircut | $22.28 | $18.62 |
| Beauty Salon | $52.83 | $39.05 |
Detailed Maryland City Groceries Costs Vs. Maryland
| Item | Maryland City | Maryland |
|---|---|---|
| Ground Beef | $4.27 | $4.22 |
| Fried Chicken | $1.66 | $1.39 |
| Milk | $2.39 | $2.05 |
| Potatoes | $4.1 | $3.29 |
| Pizza | $11.99 | $10.62 |
| Beer | $9.19 | $9.38 |
| Toothpaste | $4.47 | $2.34 |
Detailed Maryland City Health Costs Vs. Maryland
| Item | Maryland City | Maryland |
|---|---|---|
| Optometrist | $82.95 | $108.57 |
| Doctor | $93.69 | $116.17 |
| Dentist | $84.98 | $99.13 |
Detailed Maryland City Transportation Costs Vs. Maryland
| Item | Maryland City | Maryland |
|---|---|---|
| Gasoline | $2.15 | $2.22 |
| Tire Balancing | $54.77 | $50.07 |
Detailed Maryland City Utilities Costs Vs. Maryland
| Item | Maryland City | Maryland |
|---|---|---|
| All Electricity | $176.72 | $167.67 |
| Phone | $192.13 | $175.64 |
Maryland City SnackAbility
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