South Kensington, MD Cost Of Living
Cost Of Living In South Kensington, MD Summary
Cost of living in South Kensington 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 South Kensington 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 South Kensington is 181, with 100 being the average.
The cost of living index in South Kensington is 1.8x higher than the national average.
South Kensington ranks as the #184 cheapest in Maryland out of 188.
South Kensington ranks as the #6,217 cheapest out of 6,412 in the US.
The median home value in South Kensington is $806,700.
The median income in South Kensington is $197,500.
Table Of Contents
South Kensington's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in South Kensington, MD?
According to the most recent data on the cost of living, South Kensington has an overall cost of living index of 181, which is 1.8x higher than the national index of 100.
Compared to Maryland, South Kensington has a cost of living index that's 1.5x higher than Maryland's index of 120.
The standard of living in South Kensington ranks as #184 most affordable out of the 188 places we measured in Maryland. By definition, that implies South Kensington ranks as the #4 most expensive place in the Old Line State.
For more reading on life in South Kensington, check out:
- Living In South Kensington
- Search Homes For Sale In South Kensington, MD
In Maryland
In America
South Kensington Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in South Kensington. Here is how it fairs on each of the criteria:
The Services index in South Kensington is 115.
The Groceries index in South Kensington is 113.
The Health index in South Kensington is 89.
The Housing index in South Kensington is 334.
The Transportation index in South Kensington is 116.
The Utilities index in South Kensington is 109.
| Living Expense | South Kensington | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 181 | 120 | 100 | |
| Services | 115 | 109 | 100 | |
| Groceries | 113 | 108 | 100 | |
| Health | 89 | 92 | 100 | |
| Housing | 334 | 156 | 100 | |
| Transportation | 116 | 100 | 100 | |
| Utilities | 109 | 108 | 100 | |
South Kensington, 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 South Kensington is $806,700.
The Median Rent in South Kensington is $2,447.
The Median Income in South Kensington is $197,500.
The Home Value To Income in South Kensington is 4.1x.
The Rent To Monthly Income in South Kensington is 0.15x.
| Statistic | South Kensington | Maryland | United States |
|---|---|---|---|
| Median Home Value | $806,700 | $338,500 | $244,900 |
| Median Rent | $2,447 | $1,485 | $1,163 |
| Median Income | $197,500 | $91,431 | $69,021 |
| Home Value To Income | 4.1x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.15x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
South Kensington, MD Costs By Category
Detailed South Kensington Services Costs Vs. Maryland
| Item | South Kensington | Maryland |
|---|---|---|
| Shampoo | $1.43 | $1.06 |
| Movie | $12.5 | $10.68 |
| Bowling | $21.25 | $14.67 |
| Haircut | $31.92 | $18.62 |
| Beauty Salon | $63.67 | $39.05 |
Detailed South Kensington Groceries Costs Vs. Maryland
| Item | South Kensington | Maryland |
|---|---|---|
| Ground Beef | $4.7 | $4.22 |
| Fried Chicken | $1.75 | $1.39 |
| Milk | $2.49 | $2.05 |
| Potatoes | $3.99 | $3.29 |
| Pizza | $11.99 | $10.62 |
| Beer | $10.99 | $9.38 |
| Toothpaste | $2.74 | $2.34 |
Detailed South Kensington Health Costs Vs. Maryland
| Item | South Kensington | Maryland |
|---|---|---|
| Optometrist | $75.0 | $108.57 |
| Doctor | $97.0 | $116.17 |
| Dentist | $87.0 | $99.13 |
Detailed South Kensington Transportation Costs Vs. Maryland
| Item | South Kensington | Maryland |
|---|---|---|
| Gasoline | $2.44 | $2.22 |
| Tire Balancing | $62.0 | $50.07 |
Detailed South Kensington Utilities Costs Vs. Maryland
| Item | South Kensington | Maryland |
|---|---|---|
| All Electricity | $193.98 | $167.67 |
| Phone | $190.63 | $175.64 |
South Kensington SnackAbility
/10
Cost Of Living In Cities Around South Kensington
The cost of living varies in the cities and towns around South Kensington. Here's a quick look at the cost of living in the most populous nearby places:
Wheaton, MD has a cost of living index of 132, 0.7x South Kensington.
Olney, MD has a cost of living index of 150, 0.8x South Kensington.
Clarksburg, MD has a cost of living index of 153, 0.8x South Kensington.
| City | Population | Cost Of Living | Vs. South Kensington |
|---|---|---|---|
| Wheaton, MD | 51,836 | 132 | 0.7x |
| Olney, MD | 35,815 | 150 | 0.8x |
| Clarksburg, MD | 27,354 | 153 | 0.8x |
| North Potomac, MD | 24,449 | 167 | 0.9x |
| North Laurel, MD | 24,233 | 129 | 0.7x |
| Kemp Mill, MD | 14,509 | 141 | 0.8x |
| Colesville, MD | 14,468 | 140 | 0.8x |
| Travilah, MD | 11,052 | 227 | 1.3x |
| Chevy Chase, MD | 9,889 | 204 | 1.1x |
| North Kensington, MD | 8,771 | 141 | 0.8x |
