According to the most recent data on the cost of living, Naval Academy has an overall cost of living index of 147 which is 1.5x higher than the national index of 100.
Compared to only Maryland, Naval Academy has a cost of living index that's 1.2x higher than Maryland's index of 120.
The standard of living in Naval Academy ranks as #5,774 most affordable out of the 6,418 places we measured in Maryland. By definition, that implies Naval Academy ranks as the #645 most expensive place in the Old Line State.
Living Expense | Naval Academy | Maryland | National Average | |
---|---|---|---|---|
Overall | 147 | 120 | 100 | |
Services | 103 | 111 | 100 | |
Groceries | 114 | 114 | 100 | |
Health | 86 | 84 | 100 | |
Housing | 243 | 151 | 100 | |
Transportation | 102 | 109 | 100 | |
Utilities | 107 | 108 | 100 |
Housing swings affordability the most between places in Maryland, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Statistic | Naval Academy | Maryland | United States |
---|---|---|---|
Median Home Value | - | $325,400 | $229,800 |
Median Rent | $2,235 | $1,415 | $1,096 |
Median Income | $101,197 | $87,063 | $64,994 |
Home Value To Income | nanx | 3.7x | 3.5x |
Rent To Monthly Income | 0.27x | 0.2x | 0.2x |
Item | Naval Academy | Maryland |
---|---|---|
Shampoo | $1.0 | $1.06 |
Movie | $13.19 | $10.68 |
Bowling | $17.08 | $14.67 |
Item | Naval Academy | Maryland |
---|---|---|
Ground Beef | $4.27 | $4.22 |
Fried Chicken | $1.66 | $1.39 |
Milk | $2.39 | $2.05 |
Item | Naval Academy | Maryland |
---|---|---|
Haircut | $22.28 | $18.62 |
Beauty Salon | $52.83 | $39.05 |
Toothpaste | $4.47 | $2.34 |
Item | Naval Academy | Maryland |
---|---|---|
Potatoes | $4.1 | $3.29 |
Pizza | $11.99 | $10.62 |
Beer | $9.19 | $9.38 |
Optometrist | $82.95 | $108.57 |
Doctor | $93.69 | $116.17 |
Dentist | $84.98 | $99.13 |
Item | Naval Academy | Maryland |
---|---|---|
Gasoline | $2.15 | $2.22 |
Tire Balancing | $54.77 | $50.07 |
All Electricity | $176.72 | $167.67 |
Phone | $192.13 | $175.64 |
City | Population | Cost Of Living | Vs. Naval Academy |
---|---|---|---|
Bowie, MD | 58,158 | 134 | 0.9x |
Annapolis, MD | 39,321 | 129 | 0.9x |
Severna Park, MD | 38,729 | 146 | 1.0x |
Crofton, MD | 29,482 | 140 | 1.0x |
Arnold, MD | 24,334 | 134 | 0.9x |
Lake Shore, MD | 18,523 | 127 | 0.9x |
Parole, MD | 17,505 | 137 | 0.9x |
Annapolis Neck, MD | 13,049 | 153 | 1.0x |
Riviera Beach, MD | 12,780 | 119 | 0.8x |
Mitchellville, MD | 11,511 | 138 | 0.9x |