Clarksburg, MD Cost Of Living
Cost Of Living In Clarksburg, MD Summary
Cost of living in Clarksburg 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 Clarksburg 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 Clarksburg is 152, with 100 being the average.
The cost of living index in Clarksburg is 1.5x higher than the national average.
Clarksburg ranks as the #172 cheapest in Maryland out of 194.
Clarksburg ranks as the #5,746 cheapest out of 6,489 in the US.
The median home value in Clarksburg is $637,060.
The median income in Clarksburg is $178,641.
Table Of Contents
Clarksburg's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Clarksburg, MD?
According to the most recent data on the cost of living, Clarksburg has an overall cost of living index of 152, which is 1.5x higher than the national index of 100.
Compared to Maryland, Clarksburg has a cost of living index that's 1.3x higher than Maryland's index of 121.
The standard of living in Clarksburg ranks as #172 most affordable out of the 194 places we measured in Maryland. By definition, that implies Clarksburg ranks as the #22 most expensive place in the Old Line State.
For more reading on life in Clarksburg, check out:
In Maryland
In America
Clarksburg Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Clarksburg. Here is how it fairs on each of the criteria:
The Services index in Clarksburg is 111.
The Groceries index in Clarksburg is 106.
The Health index in Clarksburg is 95.
The Housing index in Clarksburg is 261.
The Transportation index in Clarksburg is 93.
The Utilities index in Clarksburg is 110.
| Living Expense | Clarksburg | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 152 | 121 | 100 | |
| Services | 111 | 105 | 100 | |
| Groceries | 106 | 107 | 100 | |
| Health | 95 | 96 | 100 | |
| Housing | 261 | 150 | 100 | |
| Transportation | 93 | 99 | 100 | |
| Utilities | 110 | 113 | 100 | |
Clarksburg, 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 Clarksburg is $637,060.
The Median Rent in Clarksburg is $2,298.
The Median Income in Clarksburg is $178,641.
The Home Value To Income in Clarksburg is 3.6x.
The Rent To Monthly Income in Clarksburg is 0.15x.
| Statistic | Clarksburg | Maryland | United States |
|---|---|---|---|
| Median Home Value | $637,060 | $427,628 | $303,400 |
| Median Rent | $2,298 | $1,662 | $1,348 |
| Median Income | $178,641 | $101,652 | $78,538 |
| Home Value To Income | 3.6x | 4.2x | 3.9x |
| Rent To Monthly Income | 0.15x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Clarksburg, MD Costs By Category
Detailed Clarksburg Services Costs Vs. Maryland
| Item | Clarksburg | 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 Clarksburg Groceries Costs Vs. Maryland
| Item | Clarksburg | 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 Clarksburg Health Costs Vs. Maryland
| Item | Clarksburg | Maryland |
|---|---|---|
| Optometrist | $92.0 | $125.68 |
| Doctor | $135.03 | $135.78 |
| Dentist | $117.67 | $113.29 |
Detailed Clarksburg Transportation Costs Vs. Maryland
| Item | Clarksburg | Maryland |
|---|---|---|
| Gasoline | $3.25 | $3.46 |
| Tire Balancing | $59.0 | $59.92 |
Detailed Clarksburg Utilities Costs Vs. Maryland
| Item | Clarksburg | Maryland |
|---|---|---|
| All Electricity | $222.47 | $193.99 |
| Phone | $197.37 | $192.25 |
Clarksburg SnackAbility
/10
Cost Of Living In Cities Around Clarksburg
The cost of living varies in the cities and towns around Clarksburg. 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, 0.9x Clarksburg.
Gaithersburg, MD has a cost of living index of 136, 0.9x Clarksburg.
Olney, MD has a cost of living index of 153, 1.0x Clarksburg.
| City | Population | Cost Of Living | Vs. Clarksburg |
|---|---|---|---|
| Germantown, MD | 90,521 | 132 | 0.9x |
| Gaithersburg, MD | 69,225 | 136 | 0.9x |
| Olney, MD | 36,000 | 153 | 1.0x |
| North Potomac, MD | 23,994 | 172 | 1.1x |
| Redland, MD | 18,976 | 139 | 0.9x |
| Damascus, MD | 16,864 | 135 | 0.9x |
| Kemp Mill, MD | 14,437 | 145 | 1.0x |
| Colesville, MD | 14,075 | 140 | 0.9x |
| Urbana, MD | 13,897 | 158 | 1.0x |
| Travilah, MD | 11,128 | 224 | 1.5x |
