Cost of living in Ashton-Sandy Spring 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 Ashton-Sandy Spring 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 Ashton-Sandy Spring is 151, with 100 being the average.
The cost of living index in Ashton-Sandy Spring is 1.5x higher than the national average.
Ashton-Sandy Spring ranks as the #170 cheapest in Maryland out of 194.
Ashton-Sandy Spring ranks as the #5,719 cheapest out of 6,489 in the US.
The median home value in Ashton-Sandy Spring is $873,106.
The median income in Ashton-Sandy Spring is $178,214.
According to the most recent data on the cost of living, Ashton-Sandy Spring has an overall cost of living index of 151, which is 1.5x higher than the national index of 100.
Compared to Maryland, Ashton-Sandy Spring has a cost of living index that's 1.2x higher than Maryland's index of 121.
The standard of living in Ashton-Sandy Spring ranks as #170 most affordable out of the 194 places we measured in Maryland. By definition, that implies Ashton-Sandy Spring ranks as the #24 most expensive place in the Old Line State.
For more reading on life in Ashton-Sandy Spring, check out:
Six factors go into calculating the cost of living index in Ashton-Sandy Spring. Here is how it fairs on each of the criteria:
The Services index in Ashton-Sandy Spring is 108.
The Groceries index in Ashton-Sandy Spring is 106.
The Health index in Ashton-Sandy Spring is 97.
The Housing index in Ashton-Sandy Spring is 262.
The Transportation index in Ashton-Sandy Spring is 96.
The Utilities index in Ashton-Sandy Spring is 111.
| Living Expense | Ashton-Sandy Spring | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 151 | 121 | 100 | |
| Services | 108 | 105 | 100 | |
| Groceries | 106 | 107 | 100 | |
| Health | 97 | 96 | 100 | |
| Housing | 262 | 150 | 100 | |
| Transportation | 96 | 99 | 100 | |
| Utilities | 111 | 113 | 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 2019-2023. The key points are:
The Median Home Value in Ashton-Sandy Spring is $873,106.
The Median Rent in Ashton-Sandy Spring is $1,415.
The Median Income in Ashton-Sandy Spring is $178,214.
The Home Value To Income in Ashton-Sandy Spring is 4.9x.
The Rent To Monthly Income in Ashton-Sandy Spring is 0.1x.
| Statistic | Ashton-Sandy Spring | Maryland | United States |
|---|---|---|---|
| Median Home Value | $873,106 | $427,628 | $303,400 |
| Median Rent | $1,415 | $1,662 | $1,348 |
| Median Income | $178,214 | $101,652 | $78,538 |
| Home Value To Income | 4.9x | 4.2x | 3.9x |
| Rent To Monthly Income | 0.1x | 0.2x | 0.21x |
| Item | Ashton-Sandy Spring | Maryland |
|---|---|---|
| Shampoo | $1.51 | $1.28 |
| Movie | $15.69 | $12.13 |
| Bowling | $24.83 | $18 |
| Haircut | $26.11 | $24.26 |
| Beauty Salon | $70.08 | $45.56 |
| Item | Ashton-Sandy Spring | Maryland |
|---|---|---|
| Ground Beef | $6.24 | $5.84 |
| Fried Chicken | $1.4 | $1.57 |
| Milk | $4.78 | $4.67 |
| Potatoes | $5.49 | $4.93 |
| Pizza | $12.56 | $12.09 |
| Beer | $11.1 | $10.41 |
| Toothpaste | $3.81 | $3.7 |
| Item | Ashton-Sandy Spring | Maryland |
|---|---|---|
| Optometrist | $92.0 | $125.68 |
| Doctor | $135.03 | $135.78 |
| Dentist | $117.67 | $113.29 |
| Item | Ashton-Sandy Spring | Maryland |
|---|---|---|
| Gasoline | $3.25 | $3.46 |
| Tire Balancing | $59.0 | $59.92 |
| Item | Ashton-Sandy Spring | Maryland |
|---|---|---|
| All Electricity | $222.47 | $193.99 |
| Phone | $197.37 | $192.25 |
The cost of living varies in the cities and towns around Ashton-Sandy Spring. Here's a quick look at the cost of living in the most populous nearby places:
Olney, MD has a cost of living index of 153, 1.0x Ashton-Sandy Spring.
Ilchester, MD has a cost of living index of 136, 0.9x Ashton-Sandy Spring.
North Laurel, MD has a cost of living index of 132, 0.9x Ashton-Sandy Spring.
| City | Population | Cost Of Living | Vs. Ashton-Sandy Spring |
|---|---|---|---|
| Olney, MD | 36,000 | 153 | 1.0x |
| Ilchester, MD | 27,552 | 136 | 0.9x |
| North Laurel, MD | 25,201 | 132 | 0.9x |
| North Potomac, MD | 23,994 | 172 | 1.1x |
| Cloverly, MD | 16,726 | 148 | 1.0x |
| Kemp Mill, MD | 14,437 | 145 | 1.0x |
| Colesville, MD | 14,075 | 140 | 0.9x |
| Burtonsville, MD | 10,063 | 135 | 0.9x |
| Leisure World, MD | 8,693 | 118 | 0.8x |
| South Kensington, MD | 8,057 | 191 | 1.3x |