Middle River, MD Cost Of Living
Cost Of Living In Middle River, MD Summary
Cost of living in Middle River 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 Middle River 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 Middle River is 101, with 100 being the average.
The cost of living index in Middle River is 1.0x higher than the national average.
Middle River ranks as the #10 cheapest in Maryland out of 188.
Middle River ranks as the #3,263 cheapest out of 6,412 in the US.
The median home value in Middle River is $208,600.
The median income in Middle River is $67,306.
Table Of Contents
Middle River's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Middle River, MD?
According to the most recent data on the cost of living, Middle River has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to Maryland, Middle River has a cost of living index that's 0.8x lower than Maryland's index of 120.
The standard of living in Middle River ranks as #10 most affordable out of the 188 places we measured in Maryland. By definition, that implies Middle River ranks as the #178 most expensive place in the Old Line State.
For more reading on life in Middle River, check out:
- Living In Middle River
- Search Homes For Sale In Middle River, MD
In Maryland
In America
Middle River Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Middle River. Here is how it fairs on each of the criteria:
The Services index in Middle River is 106.
The Groceries index in Middle River is 114.
The Health index in Middle River is 82.
The Housing index in Middle River is 96.
The Transportation index in Middle River is 101.
The Utilities index in Middle River is 103.
| Living Expense | Middle River | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 101 | 120 | 100 | |
| Services | 106 | 109 | 100 | |
| Groceries | 114 | 108 | 100 | |
| Health | 82 | 92 | 100 | |
| Housing | 96 | 156 | 100 | |
| Transportation | 101 | 100 | 100 | |
| Utilities | 103 | 108 | 100 | |
Middle River, 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 Middle River is $208,600.
The Median Rent in Middle River is $1,412.
The Median Income in Middle River is $67,306.
The Home Value To Income in Middle River is 3.1x.
The Rent To Monthly Income in Middle River is 0.25x.
| Statistic | Middle River | Maryland | United States |
|---|---|---|---|
| Median Home Value | $208,600 | $338,500 | $244,900 |
| Median Rent | $1,412 | $1,485 | $1,163 |
| Median Income | $67,306 | $91,431 | $69,021 |
| Home Value To Income | 3.1x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.25x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Middle River, MD Costs By Category
Detailed Middle River Services Costs Vs. Maryland
| Item | Middle River | 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 Middle River Groceries Costs Vs. Maryland
| Item | Middle River | 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 Middle River Health Costs Vs. Maryland
| Item | Middle River | Maryland |
|---|---|---|
| Optometrist | $82.95 | $108.57 |
| Doctor | $93.69 | $116.17 |
| Dentist | $84.98 | $99.13 |
Detailed Middle River Transportation Costs Vs. Maryland
| Item | Middle River | Maryland |
|---|---|---|
| Gasoline | $2.15 | $2.22 |
| Tire Balancing | $54.77 | $50.07 |
Detailed Middle River Utilities Costs Vs. Maryland
| Item | Middle River | Maryland |
|---|---|---|
| All Electricity | $176.72 | $167.67 |
| Phone | $192.13 | $175.64 |
Middle River SnackAbility
/10
Cost Of Living In Cities Around Middle River
The cost of living varies in the cities and towns around Middle River. Here's a quick look at the cost of living in the most populous nearby places:
Dundalk, MD has a cost of living index of 98, 1.0x Middle River.
Bel Air South, MD has a cost of living index of 115, 1.1x Middle River.
Essex, MD has a cost of living index of 103, 1.0x Middle River.
| City | Population | Cost Of Living | Vs. Middle River |
|---|---|---|---|
| Dundalk, MD | 66,426 | 98 | 1.0x |
| Bel Air South, MD | 56,928 | 115 | 1.1x |
| Essex, MD | 40,710 | 103 | 1.0x |
| Severna Park, MD | 39,108 | 146 | 1.4x |
| Pasadena, MD | 31,583 | 122 | 1.2x |
| Bel Air North, MD | 30,969 | 124 | 1.2x |
| Carney, MD | 29,873 | 114 | 1.1x |
| Perry Hall, MD | 29,165 | 114 | 1.1x |
| Ilchester, MD | 27,513 | 133 | 1.3x |
| Elkridge, MD | 24,115 | 127 | 1.3x |
