Edgemere, MD Cost Of Living
Cost Of Living In Edgemere, MD Summary
Cost of living in Edgemere 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 Edgemere 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 Edgemere is 113, with 100 being the average.
The cost of living index in Edgemere is 1.1x higher than the national average.
Edgemere ranks as the #47 cheapest in Maryland out of 188.
Edgemere ranks as the #4,363 cheapest out of 6,412 in the US.
The median home value in Edgemere is $298,400.
The median income in Edgemere is $93,576.
Table Of Contents
Edgemere's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Edgemere, MD?
According to the most recent data on the cost of living, Edgemere has an overall cost of living index of 113, which is 1.1x higher than the national index of 100.
Compared to Maryland, Edgemere has a cost of living index that's 0.9x lower than Maryland's index of 120.
The standard of living in Edgemere ranks as #47 most affordable out of the 188 places we measured in Maryland. By definition, that implies Edgemere ranks as the #141 most expensive place in the Old Line State.
For more reading on life in Edgemere, check out:
- Living In Edgemere
- Search Homes For Sale In Edgemere, MD
In Maryland
In America
Edgemere Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Edgemere. Here is how it fairs on each of the criteria:
The Services index in Edgemere is 106.
The Groceries index in Edgemere is 112.
The Health index in Edgemere is 85.
The Housing index in Edgemere is 127.
The Transportation index in Edgemere is 100.
The Utilities index in Edgemere is 106.
| Living Expense | Edgemere | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 113 | 120 | 100 | |
| Services | 106 | 109 | 100 | |
| Groceries | 112 | 108 | 100 | |
| Health | 85 | 92 | 100 | |
| Housing | 127 | 156 | 100 | |
| Transportation | 100 | 100 | 100 | |
| Utilities | 106 | 108 | 100 | |
Edgemere, 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 2017-2021. The key points are:
The Median Home Value in Edgemere is $298,400.
The Median Rent in Edgemere is $1,333.
The Median Income in Edgemere is $93,576.
The Home Value To Income in Edgemere is 3.2x.
The Rent To Monthly Income in Edgemere is 0.17x.
| Statistic | Edgemere | Maryland | United States |
|---|---|---|---|
| Median Home Value | $298,400 | $338,500 | $244,900 |
| Median Rent | $1,333 | $1,485 | $1,163 |
| Median Income | $93,576 | $91,431 | $69,021 |
| Home Value To Income | 3.2x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Edgemere, MD Costs By Category
Detailed Edgemere Services Costs Vs. Maryland
Detailed Edgemere Groceries Costs Vs. Maryland
Detailed Edgemere Health Costs Vs. Maryland
Detailed Edgemere Transportation Costs Vs. Maryland
Detailed Edgemere Utilities Costs Vs. Maryland
Edgemere SnackAbility
/10
Cost Of Living In Cities Around Edgemere
The cost of living varies in the cities and towns around Edgemere. Here's a quick look at the cost of living in the most populous nearby places:
Glen Burnie, MD has a cost of living index of 112, 1.0x Edgemere.
Dundalk, MD has a cost of living index of 98, 0.9x Edgemere.
Essex, MD has a cost of living index of 103, 0.9x Edgemere.
| City | Population | Cost Of Living | Vs. Edgemere |
|---|---|---|---|
| Glen Burnie, MD | 69,739 | 112 | 1.0x |
| Dundalk, MD | 66,426 | 98 | 0.9x |
| Essex, MD | 40,710 | 103 | 0.9x |
| Severna Park, MD | 39,108 | 146 | 1.3x |
| Pasadena, MD | 31,583 | 122 | 1.1x |
| Middle River, MD | 30,606 | 101 | 0.9x |
| Crofton, MD | 29,812 | 140 | 1.2x |
| Ilchester, MD | 27,513 | 133 | 1.2x |
| Arnold, MD | 25,056 | 134 | 1.2x |
| Elkridge, MD | 24,115 | 127 | 1.1x |
