Arnold, MD Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Arnold, MD Summary

Cost of living in Arnold 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 Arnold 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 Arnold is 134, with 100 being the average.

  • The cost of living index in Arnold is 1.3x higher than the national average.

  • Arnold ranks as the #143 cheapest in Maryland out of 188.

  • Arnold ranks as the #5,400 cheapest out of 6,412 in the US.

  • The median home value in Arnold is $455,100.

  • The median income in Arnold is $133,343.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
134
Arnold's Overall Cost Of Living
1.3x
Higher Than The National Average

What is the cost of living in Arnold, MD?

According to the most recent data on the cost of living, Arnold has an overall cost of living index of 134, which is 1.3x higher than the national index of 100.

Compared to Maryland, Arnold has a cost of living index that's 1.1x higher than Maryland's index of 120.

The standard of living in Arnold ranks as #143 most affordable out of the 188 places we measured in Maryland. By definition, that implies Arnold ranks as the #45 most expensive place in the Old Line State.

For more reading on life in Arnold, check out:

143 out of 188
In Maryland
5,400 out of 6,412
In America

Arnold Cost Of Living Vs. Maryland

Six factors go into calculating the cost of living index in Arnold. Here is how it fairs on each of the criteria:

  • The Services index in Arnold is 103.

  • The Groceries index in Arnold is 115.

  • The Health index in Arnold is 82.

  • The Housing index in Arnold is 207.

  • The Transportation index in Arnold is 102.

  • The Utilities index in Arnold is 106.

Living Expense Arnold Maryland National Average
Overall 134 120 100
Services 103 109 100
Groceries 115 108 100
Health 82 92 100
Housing 207 156 100
Transportation 102 100 100
Utilities 106 108 100
For more reading on cost of living around Maryland, check out:
Arnold Cost of Living Vs. MD

Arnold, 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 Arnold is $455,100.

  • The Median Rent in Arnold is $1,919.

  • The Median Income in Arnold is $133,343.

  • The Home Value To Income in Arnold is 3.4x.

  • The Rent To Monthly Income in Arnold is 0.17x.

Statistic Arnold Maryland United States
Median Home Value $455,100 $338,500 $244,900
Median Rent $1,919 $1,485 $1,163
Median Income $133,343 $91,431 $69,021
Home Value To Income 3.4x 3.7x 3.5x
Rent To Monthly Income 0.17x 0.19x 0.2x
Search Homes For Sale In Arnold, MD
$455,100
Median Home Value
$1,919
Median Rent
$133,343
Median Income

Arnold, MD Costs By Category

Detailed Arnold Services Costs Vs. Maryland

Item Arnold Maryland
Shampoo $1.0 $1.06
Movie $13.19 $10.68
Bowling $17.08 $14.67
Haircut $22.28 $18.62
Beauty Salon $52.83 $39.05

Detailed Arnold Groceries Costs Vs. Maryland

Item Arnold Maryland
Ground Beef $4.27 $4.22
Fried Chicken $1.66 $1.39
Milk $2.39 $2.05
Potatoes $4.1 $3.29
Pizza $11.99 $10.62
Beer $9.19 $9.38
Toothpaste $4.47 $2.34

Detailed Arnold Health Costs Vs. Maryland

Item Arnold Maryland
Optometrist $82.95 $108.57
Doctor $93.69 $116.17
Dentist $84.98 $99.13

Detailed Arnold Transportation Costs Vs. Maryland

Item Arnold Maryland
Gasoline $2.15 $2.22
Tire Balancing $54.77 $50.07

Detailed Arnold Utilities Costs Vs. Maryland

Item Arnold Maryland
All Electricity $176.72 $167.67
Phone $192.13 $175.64

Arnold SnackAbility

7
/10
Overall SnackAbility
Jobs
8.5/10
Housing
9.5
Affordability
6
Diversity
8
Safety
N/A
Amenities
9
Education
9.5
Commute
4

Cost Of Living In Cities Around Arnold

The cost of living varies in the cities and towns around Arnold. Here's a quick look at the cost of living in the most populous nearby places:

  • Bowie, MD has a cost of living index of 134, 1.0x Arnold.

  • Annapolis, MD has a cost of living index of 129, 1.0x Arnold.

  • Severna Park, MD has a cost of living index of 146, 1.1x Arnold.

City Population Cost Of Living Vs. Arnold
Bowie, MD 58,113 134 1.0x
Annapolis, MD 40,581 129 1.0x
Severna Park, MD 39,108 146 1.1x
Crofton, MD 29,812 140 1.0x
Ilchester, MD 27,513 133 1.0x
North Laurel, MD 24,233 129 1.0x
Elkridge, MD 24,115 127 0.9x
Lake Shore, MD 19,388 127 0.9x
Parole, MD 18,488 137 1.0x
Annapolis Neck, MD 13,059 153 1.1x

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