What is the cost of living in Aspen Hill, MD?
According to the most recent data on the cost of living, Aspen Hill has an overall cost of living index of 144, which is 1.4x higher than the national index of 100.
Compared to Maryland, Aspen Hill has a cost of living index that's 1.2x higher than Maryland's index of 121.
The standard of living in Aspen Hill ranks as #161 most affordable out of the 195 places we measured in Maryland. By definition, that implies Aspen Hill ranks as the #34 most expensive place in the Old Line State.
For more reading on life in Aspen Hill, check out:
Aspen Hill Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Aspen Hill. Here is how it fares on each of the criteria:
The Services index in Aspen Hill is 104.
The Groceries index in Aspen Hill is 112.
The Health index in Aspen Hill is 223.
The Housing index in Aspen Hill is 110.
The Transportation index in Aspen Hill is 107.
The Utilities index in Aspen Hill is 105.
| Living Expense | Aspen Hill | Maryland | National Average |
|---|---|---|---|
| Overall | 144 | 121 | 100 |
| Services | 104 | 104 | 100 |
| Groceries | 112 | 107 | 100 |
| Health | 223 | 152 | 100 |
| Housing | 110 | 109 | 100 |
| Transportation | 107 | 108 | 100 |
| Utilities | 105 | 109 | 100 |
Aspen Hill Cost Of Living Compared To Maryland Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Maryland, check out:
Protect your home budget Compare home warranties in Aspen Hill Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Aspen Hill, 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 2020-2024. The key points are:
The Median Home Value in Aspen Hill is $583,309.
The Median Rent in Aspen Hill is $1,916.
The Median Income in Aspen Hill is $111,575.
The Home Value To Income in Aspen Hill is 5.2x.
The Rent To Monthly Income in Aspen Hill is 0.21x.
| Statistic | Aspen Hill | Maryland | United States |
|---|---|---|---|
| Median Home Value | $583,309 | $429,704 | $332,700 |
| Median Rent | $1,916 | $1,705 | $1,413 |
| Median Income | $111,575 | $103,678 | $80,734 |
| Home Value To Income | 5.2x | 4.1x | 4.1x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.21x |
Aspen Hill, MD Costs By Category
Detailed Aspen Hill Services costs vs. Maryland
| Item | Aspen Hill | 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 |
Detailed Aspen Hill Groceries costs vs. Maryland
| Item | Aspen Hill | 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 |
Detailed Aspen Hill Health costs vs. Maryland
| Item | Aspen Hill | Maryland |
|---|---|---|
| Optometrist | $92.0 | $125.68 |
| Doctor | $135.03 | $135.78 |
| Dentist | $117.67 | $113.29 |
Detailed Aspen Hill Transportation costs vs. Maryland
| Item | Aspen Hill | Maryland |
|---|---|---|
| Gasoline | $3.25 | $3.46 |
| Tire Balancing | $59.0 | $59.92 |
Detailed Aspen Hill Utilities costs vs. Maryland
| Item | Aspen Hill | Maryland |
|---|---|---|
| All Electricity | $222.47 | $193.99 |
| Phone | $197.37 | $192.25 |
Aspen Hill SnackAbility
Cost Of Living In Cities Around Aspen Hill
The cost of living varies in the cities and towns around Aspen Hill. Here's a quick look at the cost of living in the most populous nearby places:
Rockville, MD has a cost of living index of 157, 1.1x Aspen Hill.
Wheaton, MD has a cost of living index of 136, 0.9x Aspen Hill.
Olney, MD has a cost of living index of 153, 1.1x Aspen Hill.
| City | Population | Cost Of Living | Vs. Aspen Hill |
|---|---|---|---|
| Rockville, MD | 67,671 | 157 | 1.1x |
| Wheaton, MD | 52,926 | 136 | 0.9x |
| Olney, MD | 35,797 | 153 | 1.1x |
| Ilchester, MD | 28,364 | 139 | 1.0x |
| North Laurel, MD | 25,563 | 137 | 1.0x |
| North Potomac, MD | 23,922 | 176 | 1.2x |
| Redland, MD | 18,665 | 141 | 1.0x |
| Glenmont, MD | 17,208 | 140 | 1.0x |
| Colesville, MD | 14,519 | 145 | 1.0x |
| Kemp Mill, MD | 13,042 | 147 | 1.0x |
