Cost of living in Rosedale 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 Rosedale 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 Rosedale is 105, with 100 being the average.
The cost of living index in Rosedale is 1.1x higher than the national average.
Rosedale ranks as the #18 cheapest in Maryland out of 188.
Rosedale ranks as the #3,676 cheapest out of 6,412 in the US.
The median home value in Rosedale is $228,300.
The median income in Rosedale is $78,552.
According to the most recent data on the cost of living, Rosedale has an overall cost of living index of 105, which is 1.1x higher than the national index of 100.
Compared to Maryland, Rosedale has a cost of living index that's 0.9x lower than Maryland's index of 120.
The standard of living in Rosedale ranks as #18 most affordable out of the 188 places we measured in Maryland. By definition, that implies Rosedale ranks as the #170 most expensive place in the Old Line State.
For more reading on life in Rosedale, check out:
Six factors go into calculating the cost of living index in Rosedale. Here is how it fairs on each of the criteria:
The Services index in Rosedale is 105.
The Groceries index in Rosedale is 113.
The Health index in Rosedale is 82.
The Housing index in Rosedale is 111.
The Transportation index in Rosedale is 102.
The Utilities index in Rosedale is 104.
Living Expense | Rosedale | Maryland | National Average | |
---|---|---|---|---|
Overall | 105 | 120 | 100 | |
Services | 105 | 109 | 100 | |
Groceries | 113 | 108 | 100 | |
Health | 82 | 92 | 100 | |
Housing | 111 | 156 | 100 | |
Transportation | 102 | 100 | 100 | |
Utilities | 104 | 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 Rosedale is $228,300.
The Median Rent in Rosedale is $1,210.
The Median Income in Rosedale is $78,552.
The Home Value To Income in Rosedale is 2.9x.
The Rent To Monthly Income in Rosedale is 0.18x.
Statistic | Rosedale | Maryland | United States |
---|---|---|---|
Median Home Value | $228,300 | $338,500 | $244,900 |
Median Rent | $1,210 | $1,485 | $1,163 |
Median Income | $78,552 | $91,431 | $69,021 |
Home Value To Income | 2.9x | 3.7x | 3.5x |
Rent To Monthly Income | 0.18x | 0.19x | 0.2x |
The cost of living varies in the cities and towns around Rosedale. Here's a quick look at the cost of living in the most populous nearby places:
Baltimore, MD has a cost of living index of 101, 1.0x Rosedale.
Dundalk, MD has a cost of living index of 98, 0.9x Rosedale.
Bel Air South, MD has a cost of living index of 115, 1.1x Rosedale.
City | Population | Cost Of Living | Vs. Rosedale |
---|---|---|---|
Baltimore, MD | 592,211 | 101 | 1.0x |
Dundalk, MD | 66,426 | 98 | 0.9x |
Bel Air South, MD | 56,928 | 115 | 1.1x |
Essex, MD | 40,710 | 103 | 1.0x |
Severna Park, MD | 39,108 | 146 | 1.4x |
Bel Air North, MD | 30,969 | 124 | 1.2x |
Parkville, MD | 30,783 | 107 | 1.0x |
Middle River, MD | 30,606 | 101 | 1.0x |
Carney, MD | 29,873 | 114 | 1.1x |
Perry Hall, MD | 29,165 | 114 | 1.1x |