Cost of living in Cockeysville 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 Cockeysville 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 Cockeysville is 124, with 100 being the average.
The cost of living index in Cockeysville is 1.2x higher than the national average.
Cockeysville ranks as the #82 cheapest in Maryland out of 194.
Cockeysville ranks as the #4,654 cheapest out of 6,489 in the US.
The median home value in Cockeysville is $463,819.
The median income in Cockeysville is $85,422.
According to the most recent data on the cost of living, Cockeysville has an overall cost of living index of 124, which is 1.2x higher than the national index of 100.
Compared to Maryland, Cockeysville has a cost of living index that's 1.0x higher than Maryland's index of 121.
The standard of living in Cockeysville ranks as #82 most affordable out of the 194 places we measured in Maryland. By definition, that implies Cockeysville ranks as the #112 most expensive place in the Old Line State.
For more reading on life in Cockeysville, check out:
Six factors go into calculating the cost of living index in Cockeysville. Here is how it fairs on each of the criteria:
The Services index in Cockeysville is 102.
The Groceries index in Cockeysville is 105.
The Health index in Cockeysville is 99.
The Housing index in Cockeysville is 167.
The Transportation index in Cockeysville is 101.
The Utilities index in Cockeysville is 112.
| Living Expense | Cockeysville | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 124 | 121 | 100 | |
| Services | 102 | 105 | 100 | |
| Groceries | 105 | 107 | 100 | |
| Health | 99 | 96 | 100 | |
| Housing | 167 | 150 | 100 | |
| Transportation | 101 | 99 | 100 | |
| Utilities | 112 | 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 Cockeysville is $463,819.
The Median Rent in Cockeysville is $1,553.
The Median Income in Cockeysville is $85,422.
The Home Value To Income in Cockeysville is 5.4x.
The Rent To Monthly Income in Cockeysville is 0.22x.
| Statistic | Cockeysville | Maryland | United States |
|---|---|---|---|
| Median Home Value | $463,819 | $427,628 | $303,400 |
| Median Rent | $1,553 | $1,662 | $1,348 |
| Median Income | $85,422 | $101,652 | $78,538 |
| Home Value To Income | 5.4x | 4.2x | 3.9x |
| Rent To Monthly Income | 0.22x | 0.2x | 0.21x |
| Item | Cockeysville | 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 | Cockeysville | 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 | Cockeysville | Maryland |
|---|---|---|
| Optometrist | $114.22 | $125.68 |
| Doctor | $133.22 | $135.78 |
| Dentist | $117.22 | $113.29 |
| Item | Cockeysville | Maryland |
|---|---|---|
| Gasoline | $3.46 | $3.46 |
| Tire Balancing | $62.66 | $59.92 |
| Item | Cockeysville | Maryland |
|---|---|---|
| All Electricity | $223.91 | $193.99 |
| Phone | $199.62 | $192.25 |
The cost of living varies in the cities and towns around Cockeysville. 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, 1.0x Cockeysville.
Towson, MD has a cost of living index of 127, 1.0x Cockeysville.
Pikesville, MD has a cost of living index of 125, 1.0x Cockeysville.
| City | Population | Cost Of Living | Vs. Cockeysville |
|---|---|---|---|
| Bel Air South, MD | 57,702 | 119 | 1.0x |
| Towson, MD | 57,683 | 127 | 1.0x |
| Pikesville, MD | 34,253 | 125 | 1.0x |
| Bel Air North, MD | 31,599 | 128 | 1.0x |
| Eldersburg, MD | 30,626 | 127 | 1.0x |
| Parkville, MD | 30,423 | 109 | 0.9x |
| Perry Hall, MD | 28,908 | 116 | 0.9x |
| Carney, MD | 28,624 | 115 | 0.9x |
| Ilchester, MD | 27,552 | 136 | 1.1x |
| Mays Chapel, MD | 15,616 | 135 | 1.1x |