Mays Chapel, MD Cost Of Living
Cost Of Living In Mays Chapel, MD Summary
Cost of living in Mays Chapel 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 Mays Chapel 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 Mays Chapel is 130, with 100 being the average.
The cost of living index in Mays Chapel is 1.3x higher than the national average.
Mays Chapel ranks as the #132 cheapest in Maryland out of 188.
Mays Chapel ranks as the #5,259 cheapest out of 6,412 in the US.
The median home value in Mays Chapel is $408,000.
The median income in Mays Chapel is $112,150.
Table Of Contents
Mays Chapel's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Mays Chapel, MD?
According to the most recent data on the cost of living, Mays Chapel has an overall cost of living index of 130, which is 1.3x higher than the national index of 100.
Compared to Maryland, Mays Chapel has a cost of living index that's 1.1x higher than Maryland's index of 120.
The standard of living in Mays Chapel ranks as #132 most affordable out of the 188 places we measured in Maryland. By definition, that implies Mays Chapel ranks as the #56 most expensive place in the Old Line State.
For more reading on life in Mays Chapel, check out:
- Living In Mays Chapel
- Search Homes For Sale In Mays Chapel, MD
In Maryland
In America
Mays Chapel Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Mays Chapel. Here is how it fairs on each of the criteria:
The Services index in Mays Chapel is 105.
The Groceries index in Mays Chapel is 113.
The Health index in Mays Chapel is 85.
The Housing index in Mays Chapel is 194.
The Transportation index in Mays Chapel is 100.
The Utilities index in Mays Chapel is 103.
| Living Expense | Mays Chapel | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 130 | 120 | 100 | |
| Services | 105 | 109 | 100 | |
| Groceries | 113 | 108 | 100 | |
| Health | 85 | 92 | 100 | |
| Housing | 194 | 156 | 100 | |
| Transportation | 100 | 100 | 100 | |
| Utilities | 103 | 108 | 100 | |
Mays Chapel, 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 Mays Chapel is $408,000.
The Median Rent in Mays Chapel is $1,716.
The Median Income in Mays Chapel is $112,150.
The Home Value To Income in Mays Chapel is 3.6x.
The Rent To Monthly Income in Mays Chapel is 0.18x.
| Statistic | Mays Chapel | Maryland | United States |
|---|---|---|---|
| Median Home Value | $408,000 | $338,500 | $244,900 |
| Median Rent | $1,716 | $1,485 | $1,163 |
| Median Income | $112,150 | $91,431 | $69,021 |
| Home Value To Income | 3.6x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Mays Chapel, MD Costs By Category
Detailed Mays Chapel Services Costs Vs. Maryland
| Item | Mays Chapel | 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 Mays Chapel Groceries Costs Vs. Maryland
| Item | Mays Chapel | 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 Mays Chapel Health Costs Vs. Maryland
| Item | Mays Chapel | Maryland |
|---|---|---|
| Optometrist | $82.95 | $108.57 |
| Doctor | $93.69 | $116.17 |
| Dentist | $84.98 | $99.13 |
Detailed Mays Chapel Transportation Costs Vs. Maryland
| Item | Mays Chapel | Maryland |
|---|---|---|
| Gasoline | $2.15 | $2.22 |
| Tire Balancing | $54.77 | $50.07 |
Detailed Mays Chapel Utilities Costs Vs. Maryland
| Item | Mays Chapel | Maryland |
|---|---|---|
| All Electricity | $176.72 | $167.67 |
| Phone | $192.13 | $175.64 |
Mays Chapel SnackAbility
/10
Cost Of Living In Cities Around Mays Chapel
The cost of living varies in the cities and towns around Mays Chapel. Here's a quick look at the cost of living in the most populous nearby places:
Columbia, MD has a cost of living index of 129, 1.0x Mays Chapel.
Towson, MD has a cost of living index of 123, 0.9x Mays Chapel.
Bel Air South, MD has a cost of living index of 115, 0.9x Mays Chapel.
| City | Population | Cost Of Living | Vs. Mays Chapel |
|---|---|---|---|
| Columbia, MD | 105,086 | 129 | 1.0x |
| Towson, MD | 59,014 | 123 | 0.9x |
| Bel Air South, MD | 56,928 | 115 | 0.9x |
| Pikesville, MD | 33,549 | 123 | 0.9x |
| Pasadena, MD | 31,583 | 122 | 0.9x |
| Bel Air North, MD | 30,969 | 124 | 1.0x |
| Parkville, MD | 30,783 | 107 | 0.8x |
| Eldersburg, MD | 30,418 | 126 | 1.0x |
| Carney, MD | 29,873 | 114 | 0.9x |
| Ilchester, MD | 27,513 | 133 | 1.0x |
