Edgewood, MD Cost Of Living

The latest cost of living statistics for Edgewood. Includes statistics on rent, mortgages, healthcare, and other costs for Edgewood compared to the state and national averages.

Cost of living in Edgewood, Maryland

Cost of living in Edgewood 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 Edgewood 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:

110 Cost of living index 1.1x higher vs US
#18 Cheapest in Maryland (of 195)
#3,531 Cheapest in the U.S. (of 6,489)
$264,163 Median home value
$1,375 Median rent
$80,772 Median income
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What is the cost of living in Edgewood, MD?

According to the most recent data on the cost of living, Edgewood has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.

Compared to Maryland, Edgewood has a cost of living index that's 0.9x lower than Maryland's index of 121.

The standard of living in Edgewood ranks as #18 most affordable out of the 195 places we measured in Maryland. By definition, that implies Edgewood ranks as the #177 most expensive place in the Old Line State.

For more reading on life in Edgewood, check out:

Edgewood Cost Of Living Vs. Maryland

Six factors go into calculating the cost of living index in Edgewood. Here is how it fares on each of the criteria:

  • The Services index in Edgewood is 106.

  • The Groceries index in Edgewood is 108.

  • The Health index in Edgewood is 109.

  • The Housing index in Edgewood is 107.

  • The Transportation index in Edgewood is 111.

  • The Utilities index in Edgewood is 110.

Living Expense Edgewood Maryland National Average
Overall 110 121 100
Services 106 104 100
Groceries 108 107 100
Health 109 152 100
Housing 107 109 100
Transportation 111 108 100
Utilities 110 109 100

Edgewood Cost Of Living Compared To Maryland Averages

Services
Edgewood 106
Maryland avg 104
Groceries
Edgewood 108
Maryland avg 107
Health
Edgewood 109
Maryland avg 152
Housing
Edgewood 107
Maryland avg 109
Transportation
Edgewood 111
Maryland avg 108
Utilities
Edgewood 110
Maryland avg 109

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Maryland, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Edgewood, MD Housing Cost Breakdown

$264,163Median Home Value
$1,375Median Rent
$80,772Median Income

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 2020-2024. The key points are:

  • The Median Home Value in Edgewood is $264,163.

  • The Median Rent in Edgewood is $1,375.

  • The Median Income in Edgewood is $80,772.

  • The Home Value To Income in Edgewood is 3.3x.

  • The Rent To Monthly Income in Edgewood is 0.2x.

Statistic Edgewood Maryland United States
Median Home Value $264,163 $429,704 $332,700
Median Rent $1,375 $1,705 $1,413
Median Income $80,772 $103,678 $80,734
Home Value To Income 3.3x 4.1x 4.1x
Rent To Monthly Income 0.2x 0.2x 0.21x

Edgewood, MD Costs By Category

Detailed Edgewood Services costs vs. Maryland
Item Edgewood 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
Detailed Edgewood Groceries costs vs. Maryland
Item Edgewood 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
Detailed Edgewood Health costs vs. Maryland
Item Edgewood Maryland
Optometrist $114.22 $125.68
Doctor $133.22 $135.78
Dentist $117.22 $113.29
Detailed Edgewood Transportation costs vs. Maryland
Item Edgewood Maryland
Gasoline $3.46 $3.46
Tire Balancing $62.66 $59.92
Detailed Edgewood Utilities costs vs. Maryland
Item Edgewood Maryland
All Electricity $223.91 $193.99
Phone $199.62 $192.25

Edgewood SnackAbility

6Overall SnackAbility
Jobs 7/10
Housing 8/10
Affordability 7/10
Diversity 9.5/10
SafetyN/A
Amenities 8.5/10
Education 8/10
Commute 5/10

Cost Of Living In Cities Around Edgewood

The cost of living varies in the cities and towns around Edgewood. 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 124, 1.1x Edgewood.

  • Bel Air North, MD has a cost of living index of 131, 1.2x Edgewood.

  • Perry Hall, MD has a cost of living index of 119, 1.1x Edgewood.

City Population Cost Of Living Vs. Edgewood
Bel Air South, MD 58,137 124 1.1x
Bel Air North, MD 31,302 131 1.2x
Perry Hall, MD 29,105 119 1.1x
Mays Chapel, MD 16,066 139 1.3x
Joppatowne, MD 14,237 117 1.1x
White Marsh, MD 10,932 125 1.1x
Timonium, MD 10,304 133 1.2x
Fallston, MD 10,013 136 1.2x
Bowleys Quarters, MD 7,006 117 1.1x
Riverside, MD 6,585 109 1.0x