Ellicott City, MD Cost Of Living
Cost Of Living In Ellicott City, MD Summary
Cost of living in Ellicott City 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 Ellicott City 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 Ellicott City is 153, with 100 being the average.
The cost of living index in Ellicott City is 1.5x higher than the national average.
Ellicott City ranks as the #176 cheapest in Maryland out of 194.
Ellicott City ranks as the #5,771 cheapest out of 6,489 in the US.
The median home value in Ellicott City is $726,612.
The median income in Ellicott City is $157,891.
Table Of Contents
Ellicott City's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Ellicott City, MD?
According to the most recent data on the cost of living, Ellicott City has an overall cost of living index of 153, which is 1.5x higher than the national index of 100.
Compared to Maryland, Ellicott City has a cost of living index that's 1.3x higher than Maryland's index of 121.
The standard of living in Ellicott City ranks as #176 most affordable out of the 194 places we measured in Maryland. By definition, that implies Ellicott City ranks as the #18 most expensive place in the Old Line State.
For more reading on life in Ellicott City, check out:
In Maryland
In America
Ellicott City Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Ellicott City. Here is how it fairs on each of the criteria:
The Services index in Ellicott City is 104.
The Groceries index in Ellicott City is 104.
The Health index in Ellicott City is 99.
The Housing index in Ellicott City is 258.
The Transportation index in Ellicott City is 99.
The Utilities index in Ellicott City is 110.
| Living Expense | Ellicott City | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 153 | 121 | 100 | |
| Services | 104 | 105 | 100 | |
| Groceries | 104 | 107 | 100 | |
| Health | 99 | 96 | 100 | |
| Housing | 258 | 150 | 100 | |
| Transportation | 99 | 99 | 100 | |
| Utilities | 110 | 113 | 100 | |
Ellicott City, 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 2019-2023. The key points are:
The Median Home Value in Ellicott City is $726,612.
The Median Rent in Ellicott City is $2,001.
The Median Income in Ellicott City is $157,891.
The Home Value To Income in Ellicott City is 4.6x.
The Rent To Monthly Income in Ellicott City is 0.15x.
| Statistic | Ellicott City | Maryland | United States |
|---|---|---|---|
| Median Home Value | $726,612 | $427,628 | $303,400 |
| Median Rent | $2,001 | $1,662 | $1,348 |
| Median Income | $157,891 | $101,652 | $78,538 |
| Home Value To Income | 4.6x | 4.2x | 3.9x |
| Rent To Monthly Income | 0.15x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Ellicott City, MD Costs By Category
Detailed Ellicott City Services Costs Vs. Maryland
| Item | Ellicott City | 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 Ellicott City Groceries Costs Vs. Maryland
| Item | Ellicott City | 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 Ellicott City Health Costs Vs. Maryland
| Item | Ellicott City | Maryland |
|---|---|---|
| Optometrist | $114.22 | $125.68 |
| Doctor | $133.22 | $135.78 |
| Dentist | $117.22 | $113.29 |
Detailed Ellicott City Transportation Costs Vs. Maryland
| Item | Ellicott City | Maryland |
|---|---|---|
| Gasoline | $3.46 | $3.46 |
| Tire Balancing | $62.66 | $59.92 |
Detailed Ellicott City Utilities Costs Vs. Maryland
| Item | Ellicott City | Maryland |
|---|---|---|
| All Electricity | $223.91 | $193.99 |
| Phone | $199.62 | $192.25 |
Ellicott City SnackAbility
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