What is the cost of living in Elkridge, MD?
According to the most recent data on the cost of living, Elkridge has an overall cost of living index of 134, which is 1.3x higher than the national index of 100.
Compared to Maryland, Elkridge has a cost of living index that's 1.1x higher than Maryland's index of 121.
The standard of living in Elkridge ranks as #124 most affordable out of the 195 places we measured in Maryland. By definition, that implies Elkridge ranks as the #71 most expensive place in the Old Line State.
For more reading on life in Elkridge, check out:
Elkridge Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Elkridge. Here is how it fares on each of the criteria:
The Services index in Elkridge is 105.
The Groceries index in Elkridge is 109.
The Health index in Elkridge is 204.
The Housing index in Elkridge is 108.
The Transportation index in Elkridge is 105.
The Utilities index in Elkridge is 109.
| Living Expense | Elkridge | Maryland | National Average |
|---|---|---|---|
| Overall | 134 | 121 | 100 |
| Services | 105 | 104 | 100 |
| Groceries | 109 | 107 | 100 |
| Health | 204 | 152 | 100 |
| Housing | 108 | 109 | 100 |
| Transportation | 105 | 108 | 100 |
| Utilities | 109 | 109 | 100 |
Elkridge Cost Of Living Compared To Maryland Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Maryland, check out:
Protect your home budget Compare home warranties in Elkridge Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Elkridge, 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 2020-2024. The key points are:
The Median Home Value in Elkridge is $486,970.
The Median Rent in Elkridge is $2,295.
The Median Income in Elkridge is $139,913.
The Home Value To Income in Elkridge is 3.5x.
The Rent To Monthly Income in Elkridge is 0.2x.
Elkridge, MD Costs By Category
Detailed Elkridge Services costs vs. Maryland
Detailed Elkridge Groceries costs vs. Maryland
Detailed Elkridge Health costs vs. Maryland
Detailed Elkridge Transportation costs vs. Maryland
Elkridge SnackAbility
Cost Of Living In Cities Around Elkridge
The cost of living varies in the cities and towns around Elkridge. 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 138, 1.0x Elkridge.
Severn, MD has a cost of living index of 135, 1.0x Elkridge.
Catonsville, MD has a cost of living index of 125, 0.9x Elkridge.
| City | Population | Cost Of Living | Vs. Elkridge |
|---|---|---|---|
| Columbia, MD | 104,338 | 138 | 1.0x |
| Severn, MD | 58,402 | 135 | 1.0x |
| Catonsville, MD | 43,368 | 125 | 0.9x |
| Olney, MD | 35,797 | 153 | 1.1x |
| Ilchester, MD | 28,364 | 139 | 1.0x |
| North Laurel, MD | 25,563 | 137 | 1.0x |
| Arbutus, MD | 22,507 | 115 | 0.9x |
| Ferndale, MD | 17,529 | 118 | 0.9x |
| Cloverly, MD | 16,646 | 150 | 1.1x |
| Colesville, MD | 14,519 | 145 | 1.1x |
