Cost of living in Suitland 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 Suitland 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 Suitland is 116, with 100 being the average.
The cost of living index in Suitland is 1.2x higher than the national average.
Suitland ranks as the #65 cheapest in Maryland out of 188.
Suitland ranks as the #4,558 cheapest out of 6,412 in the US.
The median home value in Suitland is $256,800.
The median income in Suitland is $64,652.
According to the most recent data on the cost of living, Suitland has an overall cost of living index of 116, which is 1.2x higher than the national index of 100.
Compared to Maryland, Suitland has a cost of living index that's 1.0x lower than Maryland's index of 120.
The standard of living in Suitland ranks as #65 most affordable out of the 188 places we measured in Maryland. By definition, that implies Suitland ranks as the #123 most expensive place in the Old Line State.
For more reading on life in Suitland, check out:
Six factors go into calculating the cost of living index in Suitland. Here is how it fairs on each of the criteria:
The Services index in Suitland is 121.
The Groceries index in Suitland is 114.
The Health index in Suitland is 94.
The Housing index in Suitland is 110.
The Transportation index in Suitland is 108.
The Utilities index in Suitland is 114.
Living Expense | Suitland | Maryland | National Average | |
---|---|---|---|---|
Overall | 116 | 120 | 100 | |
Services | 121 | 109 | 100 | |
Groceries | 114 | 108 | 100 | |
Health | 94 | 92 | 100 | |
Housing | 110 | 156 | 100 | |
Transportation | 108 | 100 | 100 | |
Utilities | 114 | 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 Suitland is $256,800.
The Median Rent in Suitland is $1,473.
The Median Income in Suitland is $64,652.
The Home Value To Income in Suitland is 4.0x.
The Rent To Monthly Income in Suitland is 0.27x.
Statistic | Suitland | Maryland | United States |
---|---|---|---|
Median Home Value | $256,800 | $338,500 | $244,900 |
Median Rent | $1,473 | $1,485 | $1,163 |
Median Income | $64,652 | $91,431 | $69,021 |
Home Value To Income | 4.0x | 3.7x | 3.5x |
Rent To Monthly Income | 0.27x | 0.19x | 0.2x |
The cost of living varies in the cities and towns around Suitland. Here's a quick look at the cost of living in the most populous nearby places:
North Laurel, MD has a cost of living index of 129, 1.1x Suitland.
Camp Springs, MD has a cost of living index of 117, 1.0x Suitland.
Hillcrest Heights, MD has a cost of living index of 110, 0.9x Suitland.
City | Population | Cost Of Living | Vs. Suitland |
---|---|---|---|
North Laurel, MD | 24,233 | 129 | 1.1x |
Camp Springs, MD | 22,903 | 117 | 1.0x |
Hillcrest Heights, MD | 17,090 | 110 | 0.9x |
Kemp Mill, MD | 14,509 | 141 | 1.2x |
Colesville, MD | 14,468 | 140 | 1.2x |
Forestville, MD | 10,575 | 116 | 1.0x |
Chevy Chase, MD | 9,889 | 204 | 1.8x |
Coral Hills, MD | 9,169 | 114 | 1.0x |
Temple Hills, MD | 9,037 | 115 | 1.0x |
South Kensington, MD | 8,566 | 181 | 1.6x |