Ballenger Creek, MD Cost Of Living
Cost Of Living In Ballenger Creek, MD Summary
Cost of living in Ballenger Creek 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 Ballenger Creek 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 Ballenger Creek is 123, with 100 being the average.
The cost of living index in Ballenger Creek is 1.2x higher than the national average.
Ballenger Creek ranks as the #76 cheapest in Maryland out of 194.
Ballenger Creek ranks as the #4,598 cheapest out of 6,489 in the US.
The median home value in Ballenger Creek is $397,629.
The median income in Ballenger Creek is $108,385.
Table Of Contents
Ballenger Creek's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Ballenger Creek, MD?
According to the most recent data on the cost of living, Ballenger Creek has an overall cost of living index of 123, which is 1.2x higher than the national index of 100.
Compared to Maryland, Ballenger Creek has a cost of living index that's 1.0x higher than Maryland's index of 121.
The standard of living in Ballenger Creek ranks as #76 most affordable out of the 194 places we measured in Maryland. By definition, that implies Ballenger Creek ranks as the #118 most expensive place in the Old Line State.
For more reading on life in Ballenger Creek, check out:
In Maryland
In America
Ballenger Creek Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Ballenger Creek. Here is how it fairs on each of the criteria:
The Services index in Ballenger Creek is 107.
The Groceries index in Ballenger Creek is 110.
The Health index in Ballenger Creek is 97.
The Housing index in Ballenger Creek is 159.
The Transportation index in Ballenger Creek is 96.
The Utilities index in Ballenger Creek is 112.
| Living Expense | Ballenger Creek | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 123 | 121 | 100 | |
| Services | 107 | 105 | 100 | |
| Groceries | 110 | 107 | 100 | |
| Health | 97 | 96 | 100 | |
| Housing | 159 | 150 | 100 | |
| Transportation | 96 | 99 | 100 | |
| Utilities | 112 | 113 | 100 | |
Ballenger Creek, 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 2019-2023. The key points are:
The Median Home Value in Ballenger Creek is $397,629.
The Median Rent in Ballenger Creek is $1,913.
The Median Income in Ballenger Creek is $108,385.
The Home Value To Income in Ballenger Creek is 3.7x.
The Rent To Monthly Income in Ballenger Creek is 0.21x.
| Statistic | Ballenger Creek | Maryland | United States |
|---|---|---|---|
| Median Home Value | $397,629 | $427,628 | $303,400 |
| Median Rent | $1,913 | $1,662 | $1,348 |
| Median Income | $108,385 | $101,652 | $78,538 |
| Home Value To Income | 3.7x | 4.2x | 3.9x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Ballenger Creek, MD Costs By Category
Detailed Ballenger Creek Services Costs Vs. Maryland
| Item | Ballenger Creek | 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 Ballenger Creek Groceries Costs Vs. Maryland
| Item | Ballenger Creek | 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 Ballenger Creek Health Costs Vs. Maryland
| Item | Ballenger Creek | Maryland |
|---|---|---|
| Optometrist | $92.0 | $125.68 |
| Doctor | $135.03 | $135.78 |
| Dentist | $117.67 | $113.29 |
Detailed Ballenger Creek Transportation Costs Vs. Maryland
| Item | Ballenger Creek | Maryland |
|---|---|---|
| Gasoline | $3.25 | $3.46 |
| Tire Balancing | $59.0 | $59.92 |
Detailed Ballenger Creek Utilities Costs Vs. Maryland
| Item | Ballenger Creek | Maryland |
|---|---|---|
| All Electricity | $222.47 | $193.99 |
| Phone | $197.37 | $192.25 |
Ballenger Creek SnackAbility
/10
Cost Of Living In Cities Around Ballenger Creek
The cost of living varies in the cities and towns around Ballenger Creek. 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 132, 1.1x Ballenger Creek.
Frederick, MD has a cost of living index of 120, 1.0x Ballenger Creek.
Clarksburg, MD has a cost of living index of 152, 1.2x Ballenger Creek.
| City | Population | Cost Of Living | Vs. Ballenger Creek |
|---|---|---|---|
| Germantown, MD | 90,521 | 132 | 1.1x |
| Frederick, MD | 80,617 | 120 | 1.0x |
| Clarksburg, MD | 29,246 | 152 | 1.2x |
| Damascus, MD | 16,864 | 135 | 1.1x |
| Urbana, MD | 13,897 | 158 | 1.3x |
| Linganore, MD | 13,044 | 140 | 1.1x |
| Mount Airy, MD | 9,746 | 131 | 1.1x |
| Brunswick, MD | 7,994 | 109 | 0.9x |
| Thurmont, MD | 6,439 | 113 | 0.9x |
| Walkersville, MD | 6,352 | 123 | 1.0x |
