Cost of living in Robinwood 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 Robinwood 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 Robinwood is 113, with 100 being the average.
The cost of living index in Robinwood is 1.1x higher than the national average.
Robinwood ranks as the #47 cheapest in Maryland out of 188.
Robinwood ranks as the #4,363 cheapest out of 6,412 in the US.
The median home value in Robinwood is $263,200.
The median income in Robinwood is $75,938.
According to the most recent data on the cost of living, Robinwood has an overall cost of living index of 113, which is 1.1x higher than the national index of 100.
Compared to Maryland, Robinwood has a cost of living index that's 0.9x lower than Maryland's index of 120.
The standard of living in Robinwood ranks as #47 most affordable out of the 188 places we measured in Maryland. By definition, that implies Robinwood ranks as the #141 most expensive place in the Old Line State.
For more reading on life in Robinwood, check out:
Six factors go into calculating the cost of living index in Robinwood. Here is how it fairs on each of the criteria:
The Services index in Robinwood is 100.
The Groceries index in Robinwood is 95.
The Health index in Robinwood is 104.
The Housing index in Robinwood is 137.
The Transportation index in Robinwood is 95.
The Utilities index in Robinwood is 99.
Living Expense | Robinwood | Maryland | National Average | |
---|---|---|---|---|
Overall | 113 | 120 | 100 | |
Services | 100 | 109 | 100 | |
Groceries | 95 | 108 | 100 | |
Health | 104 | 92 | 100 | |
Housing | 137 | 156 | 100 | |
Transportation | 95 | 100 | 100 | |
Utilities | 99 | 108 | 100 |
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 Robinwood is $263,200.
The Median Rent in Robinwood is $1,291.
The Median Income in Robinwood is $75,938.
The Home Value To Income in Robinwood is 3.5x.
The Rent To Monthly Income in Robinwood is 0.2x.
Statistic | Robinwood | Maryland | United States |
---|---|---|---|
Median Home Value | $263,200 | $338,500 | $244,900 |
Median Rent | $1,291 | $1,485 | $1,163 |
Median Income | $75,938 | $91,431 | $69,021 |
Home Value To Income | 3.5x | 3.7x | 3.5x |
Rent To Monthly Income | 0.2x | 0.19x | 0.2x |
The cost of living varies in the cities and towns around Robinwood. Here's a quick look at the cost of living in the most populous nearby places:
Frederick, MD has a cost of living index of 116, 1.0x Robinwood.
Hagerstown, MD has a cost of living index of 95, 0.8x Robinwood.
Waynesboro, PA has a cost of living index of 92, 0.8x Robinwood.
City | Population | Cost Of Living | Vs. Robinwood |
---|---|---|---|
Frederick, MD | 76,376 | 116 | 1.0x |
Hagerstown, MD | 43,015 | 95 | 0.8x |
Waynesboro, PA | 10,871 | 92 | 0.8x |
Halfway, MD | 10,259 | 94 | 0.8x |
Thurmont, MD | 6,247 | 115 | 1.0x |
Walkersville, MD | 6,134 | 125 | 1.1x |
Fountainhead-Orchard Hills, MD | 6,113 | 109 | 1.0x |