Urbana, MD Cost Of Living
Cost Of Living In Urbana, MD Summary
Cost of living in Urbana 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 Urbana 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 Urbana is 149, with 100 being the average.
The cost of living index in Urbana is 1.5x higher than the national average.
Urbana ranks as the #171 cheapest in Maryland out of 188.
Urbana ranks as the #5,822 cheapest out of 6,412 in the US.
The median home value in Urbana is $544,800.
The median income in Urbana is $168,633.
Table Of Contents
Urbana's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Urbana, MD?
According to the most recent data on the cost of living, Urbana has an overall cost of living index of 149, which is 1.5x higher than the national index of 100.
Compared to Maryland, Urbana has a cost of living index that's 1.2x higher than Maryland's index of 120.
The standard of living in Urbana ranks as #171 most affordable out of the 188 places we measured in Maryland. By definition, that implies Urbana ranks as the #17 most expensive place in the Old Line State.
For more reading on life in Urbana, check out:
- Living In Urbana
- Search Homes For Sale In Urbana, MD
In Maryland
In America
Urbana Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Urbana. Here is how it fairs on each of the criteria:
The Services index in Urbana is 114.
The Groceries index in Urbana is 112.
The Health index in Urbana is 87.
The Housing index in Urbana is 237.
The Transportation index in Urbana is 116.
The Utilities index in Urbana is 112.
| Living Expense | Urbana | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 149 | 120 | 100 | |
| Services | 114 | 109 | 100 | |
| Groceries | 112 | 108 | 100 | |
| Health | 87 | 92 | 100 | |
| Housing | 237 | 156 | 100 | |
| Transportation | 116 | 100 | 100 | |
| Utilities | 112 | 108 | 100 | |
Urbana, 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 Urbana is $544,800.
The Median Rent in Urbana is $2,254.
The Median Income in Urbana is $168,633.
The Home Value To Income in Urbana is 3.2x.
The Rent To Monthly Income in Urbana is 0.16x.
| Statistic | Urbana | Maryland | United States |
|---|---|---|---|
| Median Home Value | $544,800 | $338,500 | $244,900 |
| Median Rent | $2,254 | $1,485 | $1,163 |
| Median Income | $168,633 | $91,431 | $69,021 |
| Home Value To Income | 3.2x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.16x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Urbana, MD Costs By Category
Detailed Urbana Services Costs Vs. Maryland
Detailed Urbana Groceries Costs Vs. Maryland
Detailed Urbana Health Costs Vs. Maryland
Detailed Urbana Transportation Costs Vs. Maryland
Detailed Urbana Utilities Costs Vs. Maryland
Urbana SnackAbility
/10
Cost Of Living In Cities Around Urbana
The cost of living varies in the cities and towns around Urbana. Here's a quick look at the cost of living in the most populous nearby places:
Germantown, MD has a cost of living index of 130, 0.9x Urbana.
Rockville, MD has a cost of living index of 154, 1.0x Urbana.
Olney, MD has a cost of living index of 150, 1.0x Urbana.
| City | Population | Cost Of Living | Vs. Urbana |
|---|---|---|---|
| Germantown, MD | 90,235 | 130 | 0.9x |
| Rockville, MD | 67,095 | 154 | 1.0x |
| Olney, MD | 35,815 | 150 | 1.0x |
| Clarksburg, MD | 27,354 | 153 | 1.0x |
| North Potomac, MD | 24,449 | 167 | 1.1x |
| Ballenger Creek, MD | 23,114 | 119 | 0.8x |
| Redland, MD | 17,965 | 140 | 0.9x |
| Lowes Island, VA | 11,272 | 163 | 1.1x |
| Travilah, MD | 11,052 | 227 | 1.5x |
| Linganore, MD | 10,959 | 134 | 0.9x |
