Bel Air South, MD Cost Of Living
Cost Of Living In Bel Air South, MD Summary
Cost of living in Bel Air South 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 South 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 South is 119, with 100 being the average.
The cost of living index in Bel Air South is 1.2x higher than the national average.
Bel Air South ranks as the #58 cheapest in Maryland out of 194.
Bel Air South ranks as the #4,349 cheapest out of 6,489 in the US.
The median home value in Bel Air South is $412,897.
The median income in Bel Air South is $120,721.
Table Of Contents
Bel Air South's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Bel Air South, MD?
According to the most recent data on the cost of living, Bel Air South has an overall cost of living index of 119, which is 1.2x higher than the national index of 100.
Compared to Maryland, Bel Air South has a cost of living index that's 1.0x lower than Maryland's index of 121.
The standard of living in Bel Air South ranks as #58 most affordable out of the 194 places we measured in Maryland. By definition, that implies Bel Air South ranks as the #136 most expensive place in the Old Line State.
For more reading on life in Bel Air South, check out:
In Maryland
In America
Bel Air South Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Bel Air South. Here is how it fairs on each of the criteria:
The Services index in Bel Air South is 101.
The Groceries index in Bel Air South is 103.
The Health index in Bel Air South is 99.
The Housing index in Bel Air South is 162.
The Transportation index in Bel Air South is 102.
The Utilities index in Bel Air South is 110.
| Living Expense | Bel Air South | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 119 | 121 | 100 | |
| Services | 101 | 105 | 100 | |
| Groceries | 103 | 107 | 100 | |
| Health | 99 | 96 | 100 | |
| Housing | 162 | 150 | 100 | |
| Transportation | 102 | 99 | 100 | |
| Utilities | 110 | 113 | 100 | |
Bel Air South, 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 Bel Air South is $412,897.
The Median Rent in Bel Air South is $1,666.
The Median Income in Bel Air South is $120,721.
The Home Value To Income in Bel Air South is 3.4x.
The Rent To Monthly Income in Bel Air South is 0.17x.
| Statistic | Bel Air South | Maryland | United States |
|---|---|---|---|
| Median Home Value | $412,897 | $427,628 | $303,400 |
| Median Rent | $1,666 | $1,662 | $1,348 |
| Median Income | $120,721 | $101,652 | $78,538 |
| Home Value To Income | 3.4x | 4.2x | 3.9x |
| Rent To Monthly Income | 0.17x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Bel Air South, MD Costs By Category
Detailed Bel Air South Services Costs Vs. Maryland
| Item | Bel Air South | 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 |
Detailed Bel Air South Groceries Costs Vs. Maryland
| Item | Bel Air South | 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 |
Detailed Bel Air South Health Costs Vs. Maryland
| Item | Bel Air South | Maryland |
|---|---|---|
| Optometrist | $114.22 | $125.68 |
| Doctor | $133.22 | $135.78 |
| Dentist | $117.22 | $113.29 |
Detailed Bel Air South Transportation Costs Vs. Maryland
| Item | Bel Air South | Maryland |
|---|---|---|
| Gasoline | $3.46 | $3.46 |
| Tire Balancing | $62.66 | $59.92 |
Detailed Bel Air South Utilities Costs Vs. Maryland
| Item | Bel Air South | Maryland |
|---|---|---|
| All Electricity | $223.91 | $193.99 |
| Phone | $199.62 | $192.25 |
Bel Air South SnackAbility
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Cost Of Living In Cities Around Bel Air South
The cost of living varies in the cities and towns around Bel Air South. Here's a quick look at the cost of living in the most populous nearby places:
Bel Air North, MD has a cost of living index of 128, 1.1x Bel Air South.
Perry Hall, MD has a cost of living index of 116, 1.0x Bel Air South.
Edgewood, MD has a cost of living index of 105, 0.9x Bel Air South.
| City | Population | Cost Of Living | Vs. Bel Air South |
|---|---|---|---|
| Bel Air North, MD | 31,599 | 128 | 1.1x |
| Perry Hall, MD | 28,908 | 116 | 1.0x |
| Edgewood, MD | 25,170 | 105 | 0.9x |
| Aberdeen, MD | 16,831 | 106 | 0.9x |
| Mays Chapel, MD | 15,616 | 135 | 1.1x |
| Joppatowne, MD | 13,397 | 113 | 0.9x |
| Timonium, MD | 10,880 | 131 | 1.1x |
| Fallston, MD | 9,954 | 132 | 1.1x |
| Lutherville, MD | 6,670 | 128 | 1.1x |
| Riverside, MD | 6,149 | 109 | 0.9x |
