Calverton, MD Cost Of Living
Cost Of Living In Calverton, MD Summary
Cost of living in Calverton 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 Calverton 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 Calverton is 135, with 100 being the average.
The cost of living index in Calverton is 1.4x higher than the national average.
Calverton ranks as the #146 cheapest in Maryland out of 188.
Calverton ranks as the #5,435 cheapest out of 6,412 in the US.
The median home value in Calverton is $390,400.
The median income in Calverton is $100,218.
Table Of Contents
Calverton's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Calverton, MD?
According to the most recent data on the cost of living, Calverton has an overall cost of living index of 135, which is 1.4x higher than the national index of 100.
Compared to Maryland, Calverton has a cost of living index that's 1.1x higher than Maryland's index of 120.
The standard of living in Calverton ranks as #146 most affordable out of the 188 places we measured in Maryland. By definition, that implies Calverton ranks as the #42 most expensive place in the Old Line State.
For more reading on life in Calverton, check out:
- Living In Calverton
- Search Homes For Sale In Calverton, MD
In Maryland
In America
Calverton Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Calverton. Here is how it fairs on each of the criteria:
The Services index in Calverton is 116.
The Groceries index in Calverton is 115.
The Health index in Calverton is 86.
The Housing index in Calverton is 189.
The Transportation index in Calverton is 114.
The Utilities index in Calverton is 112.
| Living Expense | Calverton | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 135 | 120 | 100 | |
| Services | 116 | 109 | 100 | |
| Groceries | 115 | 108 | 100 | |
| Health | 86 | 92 | 100 | |
| Housing | 189 | 156 | 100 | |
| Transportation | 114 | 100 | 100 | |
| Utilities | 112 | 108 | 100 | |
Calverton, 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 2017-2021. The key points are:
The Median Home Value in Calverton is $390,400.
The Median Rent in Calverton is $1,895.
The Median Income in Calverton is $100,218.
The Home Value To Income in Calverton is 3.9x.
The Rent To Monthly Income in Calverton is 0.23x.
| Statistic | Calverton | Maryland | United States |
|---|---|---|---|
| Median Home Value | $390,400 | $338,500 | $244,900 |
| Median Rent | $1,895 | $1,485 | $1,163 |
| Median Income | $100,218 | $91,431 | $69,021 |
| Home Value To Income | 3.9x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Calverton, MD Costs By Category
Detailed Calverton Services Costs Vs. Maryland
Detailed Calverton Groceries Costs Vs. Maryland
Detailed Calverton Health Costs Vs. Maryland
Detailed Calverton Transportation Costs Vs. Maryland
Detailed Calverton Utilities Costs Vs. Maryland
Calverton SnackAbility
/10
Cost Of Living In Cities Around Calverton
The cost of living varies in the cities and towns around Calverton. 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 150, 1.1x Calverton.
Ilchester, MD has a cost of living index of 133, 1.0x Calverton.
Fairland, MD has a cost of living index of 129, 1.0x Calverton.
| City | Population | Cost Of Living | Vs. Calverton |
|---|---|---|---|
| Olney, MD | 35,815 | 150 | 1.1x |
| Ilchester, MD | 27,513 | 133 | 1.0x |
| Fairland, MD | 25,324 | 129 | 1.0x |
| North Potomac, MD | 24,449 | 167 | 1.2x |
| North Laurel, MD | 24,233 | 129 | 1.0x |
| Beltsville, MD | 18,769 | 124 | 0.9x |
| Adelphi, MD | 16,977 | 123 | 0.9x |
| Cloverly, MD | 16,473 | 146 | 1.1x |
| White Oak, MD | 14,711 | 137 | 1.0x |
| Kemp Mill, MD | 14,509 | 141 | 1.0x |
