Cost of living in Bel Air North 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 Bel Air North 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 Bel Air North is 128, with 100 being the average.
The cost of living index in Bel Air North is 1.3x higher than the national average.
Bel Air North ranks as the #101 cheapest in Maryland out of 194.
Bel Air North ranks as the #4,889 cheapest out of 6,489 in the US.
The median home value in Bel Air North is $454,510.
The median income in Bel Air North is $137,995.
According to the most recent data on the cost of living, Bel Air North has an overall cost of living index of 128, which is 1.3x higher than the national index of 100.
Compared to Maryland, Bel Air North has a cost of living index that's 1.1x higher than Maryland's index of 121.
The standard of living in Bel Air North ranks as #101 most affordable out of the 194 places we measured in Maryland. By definition, that implies Bel Air North ranks as the #93 most expensive place in the Old Line State.
For more reading on life in Bel Air North, check out:
Six factors go into calculating the cost of living index in Bel Air North. Here is how it fairs on each of the criteria:
The Services index in Bel Air North is 102.
The Groceries index in Bel Air North is 107.
The Health index in Bel Air North is 98.
The Housing index in Bel Air North is 183.
The Transportation index in Bel Air North is 102.
The Utilities index in Bel Air North is 113.
| Living Expense | Bel Air North | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 128 | 121 | 100 | |
| Services | 102 | 105 | 100 | |
| Groceries | 107 | 107 | 100 | |
| Health | 98 | 96 | 100 | |
| Housing | 183 | 150 | 100 | |
| Transportation | 102 | 99 | 100 | |
| Utilities | 113 | 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 Bel Air North is $454,510.
The Median Rent in Bel Air North is $1,651.
The Median Income in Bel Air North is $137,995.
The Home Value To Income in Bel Air North is 3.3x.
The Rent To Monthly Income in Bel Air North is 0.14x.
| Statistic | Bel Air North | Maryland | United States |
|---|---|---|---|
| Median Home Value | $454,510 | $427,628 | $303,400 |
| Median Rent | $1,651 | $1,662 | $1,348 |
| Median Income | $137,995 | $101,652 | $78,538 |
| Home Value To Income | 3.3x | 4.2x | 3.9x |
| Rent To Monthly Income | 0.14x | 0.2x | 0.21x |
| Item | Bel Air North | Maryland |
|---|---|---|
| Shampoo | $1.44 | $1.28 |
| Movie | $13.69 | $12.13 |
| Bowling | $23.03 | $18 |
| Haircut | $28.33 | $24.26 |
| Beauty Salon | $58.17 | $45.56 |
| Item | Bel Air North | Maryland |
|---|---|---|
| Ground Beef | $6.23 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.73 | $4.67 |
| Potatoes | $5.46 | $4.93 |
| Pizza | $13.24 | $12.09 |
| Beer | $10.36 | $10.41 |
| Toothpaste | $3.69 | $3.7 |
| Item | Bel Air North | Maryland |
|---|---|---|
| Optometrist | $114.22 | $125.68 |
| Doctor | $133.22 | $135.78 |
| Dentist | $117.22 | $113.29 |
| Item | Bel Air North | Maryland |
|---|---|---|
| Gasoline | $3.46 | $3.46 |
| Tire Balancing | $62.66 | $59.92 |
| Item | Bel Air North | Maryland |
|---|---|---|
| All Electricity | $223.91 | $193.99 |
| Phone | $199.62 | $192.25 |
The cost of living varies in the cities and towns around Bel Air North. Here's a quick look at the cost of living in the most populous nearby places:
Bel Air South, MD has a cost of living index of 119, 0.9x Bel Air North.
Perry Hall, MD has a cost of living index of 116, 0.9x Bel Air North.
Edgewood, MD has a cost of living index of 105, 0.8x Bel Air North.
| City | Population | Cost Of Living | Vs. Bel Air North |
|---|---|---|---|
| Bel Air South, MD | 57,702 | 119 | 0.9x |
| Perry Hall, MD | 28,908 | 116 | 0.9x |
| Edgewood, MD | 25,170 | 105 | 0.8x |
| Mays Chapel, MD | 15,616 | 135 | 1.1x |
| Joppatowne, MD | 13,397 | 113 | 0.9x |
| Timonium, MD | 10,880 | 131 | 1.0x |
| Fallston, MD | 9,954 | 132 | 1.0x |
| Lutherville, MD | 6,670 | 128 | 1.0x |
| Riverside, MD | 6,149 | 109 | 0.9x |