Cost of living in Hyattsville 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 Hyattsville 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 Hyattsville is 131, with 100 being the average.
The cost of living index in Hyattsville is 1.3x higher than the national average.
Hyattsville ranks as the #117 cheapest in Maryland out of 194.
Hyattsville ranks as the #5,035 cheapest out of 6,489 in the US.
The median home value in Hyattsville is $410,133.
The median income in Hyattsville is $94,231.
According to the most recent data on the cost of living, Hyattsville has an overall cost of living index of 131, which is 1.3x higher than the national index of 100.
Compared to Maryland, Hyattsville has a cost of living index that's 1.1x higher than Maryland's index of 121.
The standard of living in Hyattsville ranks as #117 most affordable out of the 194 places we measured in Maryland. By definition, that implies Hyattsville ranks as the #77 most expensive place in the Old Line State.
For more reading on life in Hyattsville, check out:
Six factors go into calculating the cost of living index in Hyattsville. Here is how it fairs on each of the criteria:
The Services index in Hyattsville is 115.
The Groceries index in Hyattsville is 107.
The Health index in Hyattsville is 109.
The Housing index in Hyattsville is 179.
The Transportation index in Hyattsville is 107.
The Utilities index in Hyattsville is 112.
| Living Expense | Hyattsville | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 131 | 121 | 100 | |
| Services | 115 | 105 | 100 | |
| Groceries | 107 | 107 | 100 | |
| Health | 109 | 96 | 100 | |
| Housing | 179 | 150 | 100 | |
| Transportation | 107 | 99 | 100 | |
| Utilities | 112 | 113 | 100 | |
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 Hyattsville is $410,133.
The Median Rent in Hyattsville is $1,831.
The Median Income in Hyattsville is $94,231.
The Home Value To Income in Hyattsville is 4.4x.
The Rent To Monthly Income in Hyattsville is 0.23x.
| Statistic | Hyattsville | Maryland | United States |
|---|---|---|---|
| Median Home Value | $410,133 | $427,628 | $303,400 |
| Median Rent | $1,831 | $1,662 | $1,348 |
| Median Income | $94,231 | $101,652 | $78,538 |
| Home Value To Income | 4.4x | 4.2x | 3.9x |
| Rent To Monthly Income | 0.23x | 0.2x | 0.21x |
| Item | Hyattsville | 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 |
| Item | Hyattsville | 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 |
| Item | Hyattsville | Maryland |
|---|---|---|
| Optometrist | $112.83 | $125.68 |
| Doctor | $156.21 | $135.78 |
| Dentist | $135.09 | $113.29 |
| Item | Hyattsville | Maryland |
|---|---|---|
| Gasoline | $3.37 | $3.46 |
| Tire Balancing | $75.27 | $59.92 |
| Item | Hyattsville | Maryland |
|---|---|---|
| All Electricity | $227.7 | $193.99 |
| Phone | $190.71 | $192.25 |
The cost of living varies in the cities and towns around Hyattsville. 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, 1.2x Hyattsville.
Chillum, MD has a cost of living index of 130, 1.0x Hyattsville.
North Laurel, MD has a cost of living index of 132, 1.0x Hyattsville.
| City | Population | Cost Of Living | Vs. Hyattsville |
|---|---|---|---|
| Olney, MD | 36,000 | 153 | 1.2x |
| Chillum, MD | 35,163 | 130 | 1.0x |
| North Laurel, MD | 25,201 | 132 | 1.0x |
| North Potomac, MD | 23,994 | 172 | 1.3x |
| Kemp Mill, MD | 14,437 | 145 | 1.1x |
| Colesville, MD | 14,075 | 140 | 1.1x |
| Travilah, MD | 11,128 | 224 | 1.7x |
| Bladensburg, MD | 9,552 | 124 | 0.9x |
| Mount Rainier, MD | 8,235 | 134 | 1.0x |
| South Kensington, MD | 8,057 | 191 | 1.5x |