Forestville, MD Cost Of Living
Cost Of Living In Forestville, MD Summary
Cost of living in Forestville 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 Forestville 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 Forestville is 123, with 100 being the average.
The cost of living index in Forestville is 1.2x higher than the national average.
Forestville ranks as the #76 cheapest in Maryland out of 194.
Forestville ranks as the #4,598 cheapest out of 6,489 in the US.
The median home value in Forestville is $349,135.
The median income in Forestville is $80,028.
Table Of Contents
Forestville's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Forestville, MD?
According to the most recent data on the cost of living, Forestville has an overall cost of living index of 123, which is 1.2x higher than the national index of 100.
Compared to Maryland, Forestville has a cost of living index that's 1.0x higher than Maryland's index of 121.
The standard of living in Forestville ranks as #76 most affordable out of the 194 places we measured in Maryland. By definition, that implies Forestville ranks as the #118 most expensive place in the Old Line State.
For more reading on life in Forestville, check out:
In Maryland
In America
Forestville Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Forestville. Here is how it fairs on each of the criteria:
The Services index in Forestville is 119.
The Groceries index in Forestville is 106.
The Health index in Forestville is 111.
The Housing index in Forestville is 142.
The Transportation index in Forestville is 108.
The Utilities index in Forestville is 113.
| Living Expense | Forestville | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 123 | 121 | 100 | |
| Services | 119 | 105 | 100 | |
| Groceries | 106 | 107 | 100 | |
| Health | 111 | 96 | 100 | |
| Housing | 142 | 150 | 100 | |
| Transportation | 108 | 99 | 100 | |
| Utilities | 113 | 113 | 100 | |
Forestville, 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 Forestville is $349,135.
The Median Rent in Forestville is $1,694.
The Median Income in Forestville is $80,028.
The Home Value To Income in Forestville is 4.4x.
The Rent To Monthly Income in Forestville is 0.25x.
| Statistic | Forestville | Maryland | United States |
|---|---|---|---|
| Median Home Value | $349,135 | $427,628 | $303,400 |
| Median Rent | $1,694 | $1,662 | $1,348 |
| Median Income | $80,028 | $101,652 | $78,538 |
| Home Value To Income | 4.4x | 4.2x | 3.9x |
| Rent To Monthly Income | 0.25x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Forestville, MD Costs By Category
Detailed Forestville Services Costs Vs. Maryland
| Item | Forestville | Maryland |
|---|---|---|
| Shampoo | $1.63 | $1.28 |
| Movie | $15.72 | $12.13 |
| Bowling | $24.56 | $18 |
| Haircut | $41.31 | $24.26 |
| Beauty Salon | $73.33 | $45.56 |
Detailed Forestville Groceries Costs Vs. Maryland
| Item | Forestville | Maryland |
|---|---|---|
| Ground Beef | $5.72 | $5.84 |
| Fried Chicken | $1.31 | $1.57 |
| Milk | $4.83 | $4.67 |
| Potatoes | $5.15 | $4.93 |
| Pizza | $12.83 | $12.09 |
| Beer | $11.41 | $10.41 |
| Toothpaste | $3.7 | $3.7 |
Detailed Forestville Health Costs Vs. Maryland
| Item | Forestville | Maryland |
|---|---|---|
| Optometrist | $112.83 | $125.68 |
| Doctor | $156.21 | $135.78 |
| Dentist | $135.09 | $113.29 |
Detailed Forestville Transportation Costs Vs. Maryland
| Item | Forestville | Maryland |
|---|---|---|
| Gasoline | $3.37 | $3.46 |
| Tire Balancing | $75.27 | $59.92 |
Detailed Forestville Utilities Costs Vs. Maryland
| Item | Forestville | Maryland |
|---|---|---|
| All Electricity | $227.7 | $193.99 |
| Phone | $190.71 | $192.25 |
Forestville SnackAbility
/10
Cost Of Living In Cities Around Forestville
The cost of living varies in the cities and towns around Forestville. Here's a quick look at the cost of living in the most populous nearby places:
North Laurel, MD has a cost of living index of 132, 1.1x Forestville.
Suitland, MD has a cost of living index of 121, 1.0x Forestville.
Kemp Mill, MD has a cost of living index of 145, 1.2x Forestville.
| City | Population | Cost Of Living | Vs. Forestville |
|---|---|---|---|
| North Laurel, MD | 25,201 | 132 | 1.1x |
| Suitland, MD | 24,667 | 121 | 1.0x |
| Kemp Mill, MD | 14,437 | 145 | 1.2x |
| Colesville, MD | 14,075 | 140 | 1.1x |
| Westphalia, MD | 12,020 | 137 | 1.1x |
| Largo, MD | 11,753 | 124 | 1.0x |
| Walker Mill, MD | 9,626 | 119 | 1.0x |
| Chevy Chase, MD | 9,484 | 257 | 2.1x |
| Coral Hills, MD | 9,372 | 117 | 1.0x |
| South Kensington, MD | 8,057 | 191 | 1.6x |
