Edgewood, MD Cost Of Living

Demographics | Cost Of Living
Updated: 2022-04-08
103
Edgewood's Overall Cost Of Living
1.0x
Higher Than The National Average
14 out of 188
In Maryland
3,487 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 Edgewood is expensive, while a number below 100 means it's a relatively cheap place to live.

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 103 which is 1.0x higher than the national index of 100.

Compared to only Maryland, Edgewood has a cost of living index that's 0.9x lower than Maryland's index of 120.

The standard of living in Edgewood ranks as #3,487 most affordable out of the 6,418 places we measured in Maryland. By definition, that implies Edgewood ranks as the #2,932 most expensive place in the Old Line State.

For more reading on life in Edgewood, check out:

Edgewood Cost Of Living Vs. Maryland

Living Expense Edgewood Maryland National Average
Overall 103 120 100
Services 106 111 100
Groceries 112 114 100
Health 84 84 100
Housing 97 151 100
Transportation 102 109 100
Utilities 103 108 100
For more reading on cost of living around Maryland, check out:
Edgewood Cost of Living Vs. MD

Edgewood, 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.

$183,700
Median Home Value
$1,180
Median Rent
$68,420
Median Income
Statistic Edgewood Maryland United States
Median Home Value $183,700 $325,400 $229,800
Median Rent $1,180 $1,415 $1,096
Median Income $68,420 $87,063 $64,994
Home Value To Income 2.7x 3.7x 3.5x
Rent To Monthly Income 0.21x 0.2x 0.2x

Detailed Edgewood Services Costs Vs. Maryland

Item Edgewood Maryland
Shampoo $1.0 $1.06
Movie $13.19 $10.68
Bowling $17.08 $14.67

Detailed Edgewood Groceries Costs Vs. Maryland

Item Edgewood Maryland
Ground Beef $4.27 $4.22
Fried Chicken $1.66 $1.39
Milk $2.39 $2.05

Detailed Edgewood Health Costs Vs. Maryland

Item Edgewood Maryland
Haircut $22.28 $18.62
Beauty Salon $52.83 $39.05
Toothpaste $4.47 $2.34

Detailed Edgewood Transportation Costs Vs. Maryland

Item Edgewood Maryland
Potatoes $4.1 $3.29
Pizza $11.99 $10.62
Beer $9.19 $9.38
Optometrist $82.95 $108.57
Doctor $93.69 $116.17
Dentist $84.98 $99.13

Detailed Edgewood Utilities Costs Vs. Maryland

Item Edgewood Maryland
Gasoline $2.15 $2.22
Tire Balancing $54.77 $50.07
All Electricity $176.72 $167.67
Phone $192.13 $175.64

Edgewood SnackAbility

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

Cost Of Living In Cities Around Edgewood

City Population Cost Of Living Vs. Edgewood
Bel Air South, MD 55,024 115 1.1x
Bel Air North, MD 30,639 124 1.2x
Perry Hall, MD 27,778 114 1.1x
Joppatowne, MD 12,833 114 1.1x
Mays Chapel, MD 12,229 130 1.3x
Timonium, MD 10,642 133 1.3x
Fallston, MD 9,118 128 1.2x
White Marsh, MD 9,096 115 1.1x
Lutherville, MD 6,715 122 1.2x
Bowleys Quarters, MD 6,422 113 1.1x

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