What is the cost of living in Elkton, MD?
According to the most recent data on the cost of living, Elkton has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to Maryland, Elkton has a cost of living index that's 0.9x lower than Maryland's index of 121.
The standard of living in Elkton ranks as #5 most affordable out of the 195 places we measured in Maryland. By definition, that implies Elkton ranks as the #190 most expensive place in the Old Line State.
For more reading on life in Elkton, check out:
Elkton Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Elkton. Here is how it fares on each of the criteria:
The Services index in Elkton is 100.
The Groceries index in Elkton is 103.
The Health index in Elkton is 117.
The Housing index in Elkton is 102.
The Transportation index in Elkton is 98.
The Utilities index in Elkton is 100.
| Living Expense | Elkton | Maryland | National Average |
|---|---|---|---|
| Overall | 103 | 121 | 100 |
| Services | 100 | 104 | 100 |
| Groceries | 103 | 107 | 100 |
| Health | 117 | 152 | 100 |
| Housing | 102 | 109 | 100 |
| Transportation | 98 | 108 | 100 |
| Utilities | 100 | 109 | 100 |
Elkton 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 Elkton Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Elkton, 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 Elkton is $367,248.
The Median Rent in Elkton is $1,382.
The Median Income in Elkton is $58,640.
The Home Value To Income in Elkton is 6.3x.
The Rent To Monthly Income in Elkton is 0.28x.
Elkton, MD Costs By Category
Detailed Elkton Services costs vs. Maryland
Detailed Elkton Groceries costs vs. Maryland
Detailed Elkton Health costs vs. Maryland
Detailed Elkton Transportation costs vs. Maryland
Elkton SnackAbility
Cost Of Living In Cities Around Elkton
The cost of living varies in the cities and towns around Elkton. Here's a quick look at the cost of living in the most populous nearby places:
Newark, DE has a cost of living index of 114, 1.1x Elkton.
Bear, DE has a cost of living index of 110, 1.1x Elkton.
Glasgow, DE has a cost of living index of 116, 1.1x Elkton.
| City | Population | Cost Of Living | Vs. Elkton |
|---|---|---|---|
| Newark, DE | 30,330 | 114 | 1.1x |
| Bear, DE | 22,370 | 110 | 1.1x |
| Glasgow, DE | 15,546 | 116 | 1.1x |
| Brookside, DE | 15,115 | 106 | 1.0x |
| Havre de Grace, MD | 14,994 | 119 | 1.2x |
| Hockessin, DE | 13,439 | 143 | 1.4x |
| Pike Creek Valley, DE | 12,431 | 110 | 1.1x |
| Pennsville, NJ | 12,233 | 95 | 0.9x |
| North Star, DE | 7,834 | 136 | 1.3x |
| Pike Creek, DE | 7,129 | 127 | 1.2x |
