Overlea, MD Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Overlea, MD Summary

Cost of living in Overlea 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 Overlea 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 Overlea is 107, with 100 being the average.

  • The cost of living index in Overlea is 1.1x higher than the national average.

  • Overlea ranks as the #21 cheapest in Maryland out of 188.

  • Overlea ranks as the #3,867 cheapest out of 6,412 in the US.

  • The median home value in Overlea is $216,900.

  • The median income in Overlea is $71,594.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
107
Overlea's Overall Cost Of Living
1.1x
Higher Than The National Average

What is the cost of living in Overlea, MD?

According to the most recent data on the cost of living, Overlea has an overall cost of living index of 107, which is 1.1x higher than the national index of 100.

Compared to Maryland, Overlea has a cost of living index that's 0.9x lower than Maryland's index of 120.

The standard of living in Overlea ranks as #21 most affordable out of the 188 places we measured in Maryland. By definition, that implies Overlea ranks as the #167 most expensive place in the Old Line State.

For more reading on life in Overlea, check out:

21 out of 188
In Maryland
3,867 out of 6,412
In America

Overlea Cost Of Living Vs. Maryland

Six factors go into calculating the cost of living index in Overlea. Here is how it fairs on each of the criteria:

  • The Services index in Overlea is 106.

  • The Groceries index in Overlea is 115.

  • The Health index in Overlea is 85.

  • The Housing index in Overlea is 110.

  • The Transportation index in Overlea is 103.

  • The Utilities index in Overlea is 103.

Living Expense Overlea Maryland National Average
Overall 107 120 100
Services 106 109 100
Groceries 115 108 100
Health 85 92 100
Housing 110 156 100
Transportation 103 100 100
Utilities 103 108 100
For more reading on cost of living around Maryland, check out:
Overlea Cost of Living Vs. MD

Overlea, 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 Overlea is $216,900.

  • The Median Rent in Overlea is $1,316.

  • The Median Income in Overlea is $71,594.

  • The Home Value To Income in Overlea is 3.0x.

  • The Rent To Monthly Income in Overlea is 0.22x.

Statistic Overlea Maryland United States
Median Home Value $216,900 $338,500 $244,900
Median Rent $1,316 $1,485 $1,163
Median Income $71,594 $91,431 $69,021
Home Value To Income 3.0x 3.7x 3.5x
Rent To Monthly Income 0.22x 0.19x 0.2x
Search Homes For Sale In Overlea, MD
$216,900
Median Home Value
$1,316
Median Rent
$71,594
Median Income

Overlea, MD Costs By Category

Detailed Overlea Services Costs Vs. Maryland

Item Overlea 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 Overlea Groceries Costs Vs. Maryland

Item Overlea 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 Overlea Health Costs Vs. Maryland

Item Overlea Maryland
Optometrist $82.95 $108.57
Doctor $93.69 $116.17
Dentist $84.98 $99.13

Detailed Overlea Transportation Costs Vs. Maryland

Item Overlea Maryland
Gasoline $2.15 $2.22
Tire Balancing $54.77 $50.07

Detailed Overlea Utilities Costs Vs. Maryland

Item Overlea Maryland
All Electricity $176.72 $167.67
Phone $192.13 $175.64

Overlea SnackAbility

7
/10
Overall SnackAbility
Jobs
7/10
Housing
8.5
Affordability
6
Diversity
9
Safety
N/A
Amenities
9
Education
8
Commute
6

Cost Of Living In Cities Around Overlea

The cost of living varies in the cities and towns around Overlea. Here's a quick look at the cost of living in the most populous nearby places:

  • Towson, MD has a cost of living index of 123, 1.1x Overlea.

  • Bel Air South, MD has a cost of living index of 115, 1.1x Overlea.

  • Essex, MD has a cost of living index of 103, 1.0x Overlea.

City Population Cost Of Living Vs. Overlea
Towson, MD 59,014 123 1.1x
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 1.1x
Bel Air North, MD 30,969 124 1.2x
Parkville, MD 30,783 107 1.0x
Middle River, MD 30,606 101 0.9x
Carney, MD 29,873 114 1.1x
Perry Hall, MD 29,165 114 1.1x

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