Reisterstown, MD Cost Of Living
Cost Of Living In Reisterstown, MD Summary
Cost of living in Reisterstown 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 Reisterstown 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 Reisterstown is 112, with 100 being the average.
The cost of living index in Reisterstown is 1.1x higher than the national average.
Reisterstown ranks as the #43 cheapest in Maryland out of 188.
Reisterstown ranks as the #4,296 cheapest out of 6,412 in the US.
The median home value in Reisterstown is $269,800.
The median income in Reisterstown is $73,040.
Table Of Contents
Reisterstown's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Reisterstown, MD?
According to the most recent data on the cost of living, Reisterstown has an overall cost of living index of 112, which is 1.1x higher than the national index of 100.
Compared to Maryland, Reisterstown has a cost of living index that's 0.9x lower than Maryland's index of 120.
The standard of living in Reisterstown ranks as #43 most affordable out of the 188 places we measured in Maryland. By definition, that implies Reisterstown ranks as the #145 most expensive place in the Old Line State.
For more reading on life in Reisterstown, check out:
- Living In Reisterstown
- Search Homes For Sale In Reisterstown, MD
In Maryland
In America
Reisterstown Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Reisterstown. Here is how it fairs on each of the criteria:
The Services index in Reisterstown is 105.
The Groceries index in Reisterstown is 115.
The Health index in Reisterstown is 84.
The Housing index in Reisterstown is 125.
The Transportation index in Reisterstown is 99.
The Utilities index in Reisterstown is 104.
| Living Expense | Reisterstown | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 112 | 120 | 100 | |
| Services | 105 | 109 | 100 | |
| Groceries | 115 | 108 | 100 | |
| Health | 84 | 92 | 100 | |
| Housing | 125 | 156 | 100 | |
| Transportation | 99 | 100 | 100 | |
| Utilities | 104 | 108 | 100 | |
Reisterstown, 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 Reisterstown is $269,800.
The Median Rent in Reisterstown is $1,332.
The Median Income in Reisterstown is $73,040.
The Home Value To Income in Reisterstown is 3.7x.
The Rent To Monthly Income in Reisterstown is 0.22x.
| Statistic | Reisterstown | Maryland | United States |
|---|---|---|---|
| Median Home Value | $269,800 | $338,500 | $244,900 |
| Median Rent | $1,332 | $1,485 | $1,163 |
| Median Income | $73,040 | $91,431 | $69,021 |
| Home Value To Income | 3.7x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Reisterstown, MD Costs By Category
Detailed Reisterstown Services Costs Vs. Maryland
| Item | Reisterstown | 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 Reisterstown Groceries Costs Vs. Maryland
| Item | Reisterstown | 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 Reisterstown Health Costs Vs. Maryland
| Item | Reisterstown | Maryland |
|---|---|---|
| Optometrist | $82.95 | $108.57 |
| Doctor | $93.69 | $116.17 |
| Dentist | $84.98 | $99.13 |
Detailed Reisterstown Transportation Costs Vs. Maryland
| Item | Reisterstown | Maryland |
|---|---|---|
| Gasoline | $2.15 | $2.22 |
| Tire Balancing | $54.77 | $50.07 |
Detailed Reisterstown Utilities Costs Vs. Maryland
| Item | Reisterstown | Maryland |
|---|---|---|
| All Electricity | $176.72 | $167.67 |
| Phone | $192.13 | $175.64 |
Reisterstown SnackAbility
/10
Cost Of Living In Cities Around Reisterstown
The cost of living varies in the cities and towns around Reisterstown. 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, 1.2x Reisterstown.
Randallstown, MD has a cost of living index of 109, 1.0x Reisterstown.
Owings Mills, MD has a cost of living index of 115, 1.0x Reisterstown.
| City | Population | Cost Of Living | Vs. Reisterstown |
|---|---|---|---|
| Columbia, MD | 105,086 | 129 | 1.2x |
| Randallstown, MD | 35,641 | 109 | 1.0x |
| Owings Mills, MD | 35,170 | 115 | 1.0x |
| Pikesville, MD | 33,549 | 123 | 1.1x |
| Milford Mill, MD | 30,685 | 106 | 0.9x |
| Eldersburg, MD | 30,418 | 126 | 1.1x |
| Perry Hall, MD | 29,165 | 114 | 1.0x |
| Ilchester, MD | 27,513 | 133 | 1.2x |
| Lochearn, MD | 26,995 | 106 | 0.9x |
| Elkridge, MD | 24,115 | 127 | 1.1x |
