Cost of living in Crofton 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 Crofton 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 Crofton is 143, with 100 being the average.
The cost of living index in Crofton is 1.4x higher than the national average.
Crofton ranks as the #161 cheapest in Maryland out of 194.
Crofton ranks as the #5,499 cheapest out of 6,489 in the US.
The median home value in Crofton is $490,812.
The median income in Crofton is $147,250.
According to the most recent data on the cost of living, Crofton has an overall cost of living index of 143, which is 1.4x higher than the national index of 100.
Compared to Maryland, Crofton has a cost of living index that's 1.2x higher than Maryland's index of 121.
The standard of living in Crofton ranks as #161 most affordable out of the 194 places we measured in Maryland. By definition, that implies Crofton ranks as the #33 most expensive place in the Old Line State.
For more reading on life in Crofton, check out:
Six factors go into calculating the cost of living index in Crofton. Here is how it fairs on each of the criteria:
The Services index in Crofton is 117.
The Groceries index in Crofton is 104.
The Health index in Crofton is 108.
The Housing index in Crofton is 212.
The Transportation index in Crofton is 104.
The Utilities index in Crofton is 109.
| Living Expense | Crofton | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 143 | 121 | 100 | |
| Services | 117 | 105 | 100 | |
| Groceries | 104 | 107 | 100 | |
| Health | 108 | 96 | 100 | |
| Housing | 212 | 150 | 100 | |
| Transportation | 104 | 99 | 100 | |
| Utilities | 109 | 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 Crofton is $490,812.
The Median Rent in Crofton is $2,193.
The Median Income in Crofton is $147,250.
The Home Value To Income in Crofton is 3.3x.
The Rent To Monthly Income in Crofton is 0.18x.
The cost of living varies in the cities and towns around Crofton. 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, 0.9x Crofton.
Bowie, MD has a cost of living index of 134, 0.9x Crofton.
Odenton, MD has a cost of living index of 127, 0.9x Crofton.
| City | Population | Cost Of Living | Vs. Crofton |
|---|---|---|---|
| Columbia, MD | 105,871 | 131 | 0.9x |
| Bowie, MD | 57,771 | 134 | 0.9x |
| Odenton, MD | 45,585 | 127 | 0.9x |
| Ilchester, MD | 27,552 | 136 | 1.0x |
| North Laurel, MD | 25,201 | 132 | 0.9x |
| Parole, MD | 17,910 | 144 | 1.0x |
| Cloverly, MD | 16,726 | 148 | 1.0x |
| Glenn Dale, MD | 14,896 | 142 | 1.0x |
| Kemp Mill, MD | 14,437 | 145 | 1.0x |
| Colesville, MD | 14,075 | 140 | 1.0x |