Greenbelt, MD Cost Of Living
Cost Of Living In Greenbelt, MD Summary
Cost of living in Greenbelt 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 Greenbelt 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 Greenbelt is 120, with 100 being the average.
The cost of living index in Greenbelt is 1.2x higher than the national average.
Greenbelt ranks as the #62 cheapest in Maryland out of 194.
Greenbelt ranks as the #4,411 cheapest out of 6,489 in the US.
The median home value in Greenbelt is $290,394.
The median income in Greenbelt is $86,352.
Table Of Contents
Greenbelt's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Greenbelt, MD?
According to the most recent data on the cost of living, Greenbelt has an overall cost of living index of 120, which is 1.2x higher than the national index of 100.
Compared to Maryland, Greenbelt has a cost of living index that's 1.0x lower than Maryland's index of 121.
The standard of living in Greenbelt ranks as #62 most affordable out of the 194 places we measured in Maryland. By definition, that implies Greenbelt ranks as the #132 most expensive place in the Old Line State.
For more reading on life in Greenbelt, check out:
In Maryland
In America
Greenbelt Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Greenbelt. Here is how it fairs on each of the criteria:
The Services index in Greenbelt is 118.
The Groceries index in Greenbelt is 105.
The Health index in Greenbelt is 108.
The Housing index in Greenbelt is 137.
The Transportation index in Greenbelt is 105.
The Utilities index in Greenbelt is 112.
| Living Expense | Greenbelt | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 120 | 121 | 100 | |
| Services | 118 | 105 | 100 | |
| Groceries | 105 | 107 | 100 | |
| Health | 108 | 96 | 100 | |
| Housing | 137 | 150 | 100 | |
| Transportation | 105 | 99 | 100 | |
| Utilities | 112 | 113 | 100 | |
Greenbelt, 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 Greenbelt is $290,394.
The Median Rent in Greenbelt is $1,807.
The Median Income in Greenbelt is $86,352.
The Home Value To Income in Greenbelt is 3.4x.
The Rent To Monthly Income in Greenbelt is 0.25x.
Median Home Value
Median Rent
Median Income
Greenbelt, MD Costs By Category
Detailed Greenbelt Services Costs Vs. Maryland
Detailed Greenbelt Groceries Costs Vs. Maryland
Detailed Greenbelt Health Costs Vs. Maryland
Detailed Greenbelt Transportation Costs Vs. Maryland
Detailed Greenbelt Utilities Costs Vs. Maryland
Greenbelt SnackAbility
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Cost Of Living In Cities Around Greenbelt
The cost of living varies in the cities and towns around Greenbelt. Here's a quick look at the cost of living in the most populous nearby places:
Olney, MD has a cost of living index of 153, 1.3x Greenbelt.
College Park, MD has a cost of living index of 131, 1.1x Greenbelt.
Ilchester, MD has a cost of living index of 136, 1.1x Greenbelt.
| City | Population | Cost Of Living | Vs. Greenbelt |
|---|---|---|---|
| Olney, MD | 36,000 | 153 | 1.3x |
| College Park, MD | 34,397 | 131 | 1.1x |
| Ilchester, MD | 27,552 | 136 | 1.1x |
| North Laurel, MD | 25,201 | 132 | 1.1x |
| East Riverdale, MD | 19,043 | 123 | 1.0x |
| Seabrook, MD | 18,495 | 129 | 1.1x |
| Kemp Mill, MD | 14,437 | 145 | 1.2x |
| Colesville, MD | 14,075 | 140 | 1.2x |
| New Carrollton, MD | 13,544 | 127 | 1.1x |
| Lanham, MD | 11,956 | 130 | 1.1x |
