Catonsville, MD Cost Of Living
Cost Of Living In Catonsville, MD Summary
Cost of living in Catonsville 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 Catonsville 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 Catonsville is 123, with 100 being the average.
The cost of living index in Catonsville is 1.2x higher than the national average.
Catonsville ranks as the #76 cheapest in Maryland out of 194.
Catonsville ranks as the #4,598 cheapest out of 6,489 in the US.
The median home value in Catonsville is $413,718.
The median income in Catonsville is $110,051.
Table Of Contents
Catonsville's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Catonsville, MD?
According to the most recent data on the cost of living, Catonsville has an overall cost of living index of 123, which is 1.2x higher than the national index of 100.
Compared to Maryland, Catonsville has a cost of living index that's 1.0x higher than Maryland's index of 121.
The standard of living in Catonsville ranks as #76 most affordable out of the 194 places we measured in Maryland. By definition, that implies Catonsville ranks as the #118 most expensive place in the Old Line State.
For more reading on life in Catonsville, check out:
In Maryland
In America
Catonsville Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Catonsville. Here is how it fairs on each of the criteria:
The Services index in Catonsville is 104.
The Groceries index in Catonsville is 103.
The Health index in Catonsville is 99.
The Housing index in Catonsville is 167.
The Transportation index in Catonsville is 101.
The Utilities index in Catonsville is 112.
| Living Expense | Catonsville | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 123 | 121 | 100 | |
| Services | 104 | 105 | 100 | |
| Groceries | 103 | 107 | 100 | |
| Health | 99 | 96 | 100 | |
| Housing | 167 | 150 | 100 | |
| Transportation | 101 | 99 | 100 | |
| Utilities | 112 | 113 | 100 | |
Catonsville, 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 Catonsville is $413,718.
The Median Rent in Catonsville is $1,697.
The Median Income in Catonsville is $110,051.
The Home Value To Income in Catonsville is 3.8x.
The Rent To Monthly Income in Catonsville is 0.19x.
| Statistic | Catonsville | Maryland | United States |
|---|---|---|---|
| Median Home Value | $413,718 | $427,628 | $303,400 |
| Median Rent | $1,697 | $1,662 | $1,348 |
| Median Income | $110,051 | $101,652 | $78,538 |
| Home Value To Income | 3.8x | 4.2x | 3.9x |
| Rent To Monthly Income | 0.19x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Catonsville, MD Costs By Category
Detailed Catonsville Services Costs Vs. Maryland
| Item | Catonsville | 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 Catonsville Groceries Costs Vs. Maryland
| Item | Catonsville | 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 Catonsville Health Costs Vs. Maryland
| Item | Catonsville | Maryland |
|---|---|---|
| Optometrist | $114.22 | $125.68 |
| Doctor | $133.22 | $135.78 |
| Dentist | $117.22 | $113.29 |
Detailed Catonsville Transportation Costs Vs. Maryland
| Item | Catonsville | Maryland |
|---|---|---|
| Gasoline | $3.46 | $3.46 |
| Tire Balancing | $62.66 | $59.92 |
Detailed Catonsville Utilities Costs Vs. Maryland
| Item | Catonsville | Maryland |
|---|---|---|
| All Electricity | $223.91 | $193.99 |
| Phone | $199.62 | $192.25 |
Catonsville SnackAbility
/10
Cost Of Living In Cities Around Catonsville
The cost of living varies in the cities and towns around Catonsville. Here's a quick look at the cost of living in the most populous nearby places:
Columbia, MD has a cost of living index of 131, 1.1x Catonsville.
Severna Park, MD has a cost of living index of 152, 1.2x Catonsville.
Olney, MD has a cost of living index of 153, 1.2x Catonsville.
| City | Population | Cost Of Living | Vs. Catonsville |
|---|---|---|---|
| Columbia, MD | 105,871 | 131 | 1.1x |
| Severna Park, MD | 39,499 | 152 | 1.2x |
| Olney, MD | 36,000 | 153 | 1.2x |
| Milford Mill, MD | 31,939 | 110 | 0.9x |
| Crofton, MD | 29,878 | 143 | 1.2x |
| Lochearn, MD | 27,591 | 108 | 0.9x |
| Ilchester, MD | 27,552 | 136 | 1.1x |
| Elkridge, MD | 26,183 | 131 | 1.1x |
| North Laurel, MD | 25,201 | 132 | 1.1x |
| Arbutus, MD | 20,869 | 111 | 0.9x |
