College Park, MD Cost Of Living

Demographics | Cost Of Living
Updated: 2022-04-08
126
College Park's Overall Cost Of Living
1.3x
Higher Than The National Average
113 out of 188
In Maryland
5,091 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means College Park is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in College Park, MD?

According to the most recent data on the cost of living, College Park has an overall cost of living index of 126 which is 1.3x higher than the national index of 100.

Compared to only Maryland, College Park has a cost of living index that's 1.1x higher than Maryland's index of 120.

The standard of living in College Park ranks as #5,093 most affordable out of the 6,418 places we measured in Maryland. By definition, that implies College Park ranks as the #1,325 most expensive place in the Old Line State.

For more reading on life in College Park, check out:

College Park Cost Of Living Vs. Maryland

Living Expense College Park Maryland National Average
Overall 126 120 100
Services 120 111 100
Groceries 115 114 100
Health 93 84 100
Housing 150 151 100
Transportation 106 109 100
Utilities 113 108 100
For more reading on cost of living around Maryland, check out:
College Park Cost of Living Vs. MD

College Park, MD Housing Cost Breakdown

Housing swings affordability the most between places in Maryland, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$345,800
Median Home Value
$1,583
Median Rent
$68,825
Median Income
Statistic College Park Maryland United States
Median Home Value $345,800 $325,400 $229,800
Median Rent $1,583 $1,415 $1,096
Median Income $68,825 $87,063 $64,994
Home Value To Income 5.0x 3.7x 3.5x
Rent To Monthly Income 0.28x 0.2x 0.2x

Detailed College Park Services Costs Vs. Maryland

Item College Park Maryland
Shampoo $1.36 $1.06
Movie $13.92 $10.68
Bowling $19.57 $14.67

Detailed College Park Groceries Costs Vs. Maryland

Item College Park Maryland
Ground Beef $4.41 $4.22
Fried Chicken $1.8 $1.39
Milk $2.46 $2.05

Detailed College Park Health Costs Vs. Maryland

Item College Park Maryland
Haircut $30.9 $18.62
Beauty Salon $66.76 $39.05
Toothpaste $3.47 $2.34

Detailed College Park Transportation Costs Vs. Maryland

Item College Park Maryland
Potatoes $4.33 $3.29
Pizza $11.68 $10.62
Beer $10.08 $9.38
Optometrist $79.25 $108.57
Doctor $109.41 $116.17
Dentist $94.31 $99.13

Detailed College Park Utilities Costs Vs. Maryland

Item College Park Maryland
Gasoline $2.31 $2.22
Tire Balancing $53.69 $50.07
All Electricity $204.75 $167.67
Phone $184.51 $175.64

College Park SnackAbility

7
/10
Overall SnackAbility
Jobs
8/10
Housing
9
Affordability
4
Diversity
10
Safety
N/A
Amenities
9.5
Education
8
Commute
5

Cost Of Living In Cities Around College Park

City Population Cost Of Living Vs. College Park
Olney, MD 35,350 150 1.2x
Chillum, MD 34,230 122 1.0x
Ilchester, MD 26,873 133 1.1x
North Laurel, MD 24,856 129 1.0x
North Potomac, MD 24,146 167 1.3x
Greenbelt, MD 23,253 117 0.9x
Langley Park, MD 19,391 119 0.9x
Hyattsville, MD 18,267 123 1.0x
East Riverdale, MD 16,395 117 0.9x
Adelphi, MD 16,364 123 1.0x

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