Ilchester, MD Cost Of Living
Cost Of Living In Ilchester, MD Summary
Cost of living in Ilchester 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 Ilchester 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 Ilchester is 133, with 100 being the average.
The cost of living index in Ilchester is 1.3x higher than the national average.
Ilchester ranks as the #139 cheapest in Maryland out of 188.
Ilchester ranks as the #5,359 cheapest out of 6,412 in the US.
The median home value in Ilchester is $431,800.
The median income in Ilchester is $136,344.
Table Of Contents
Ilchester's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Ilchester, MD?
According to the most recent data on the cost of living, Ilchester has an overall cost of living index of 133, which is 1.3x higher than the national index of 100.
Compared to Maryland, Ilchester has a cost of living index that's 1.1x higher than Maryland's index of 120.
The standard of living in Ilchester ranks as #139 most affordable out of the 188 places we measured in Maryland. By definition, that implies Ilchester ranks as the #49 most expensive place in the Old Line State.
For more reading on life in Ilchester, check out:
- Living In Ilchester
- Search Homes For Sale In Ilchester, MD
In Maryland
In America
Ilchester Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Ilchester. Here is how it fairs on each of the criteria:
The Services index in Ilchester is 107.
The Groceries index in Ilchester is 111.
The Health index in Ilchester is 82.
The Housing index in Ilchester is 195.
The Transportation index in Ilchester is 102.
The Utilities index in Ilchester is 105.
| Living Expense | Ilchester | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 133 | 120 | 100 | |
| Services | 107 | 109 | 100 | |
| Groceries | 111 | 108 | 100 | |
| Health | 82 | 92 | 100 | |
| Housing | 195 | 156 | 100 | |
| Transportation | 102 | 100 | 100 | |
| Utilities | 105 | 108 | 100 | |
Ilchester, 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 2017-2021. The key points are:
The Median Home Value in Ilchester is $431,800.
The Median Rent in Ilchester is $1,809.
The Median Income in Ilchester is $136,344.
The Home Value To Income in Ilchester is 3.2x.
The Rent To Monthly Income in Ilchester is 0.16x.
| Statistic | Ilchester | Maryland | United States |
|---|---|---|---|
| Median Home Value | $431,800 | $338,500 | $244,900 |
| Median Rent | $1,809 | $1,485 | $1,163 |
| Median Income | $136,344 | $91,431 | $69,021 |
| Home Value To Income | 3.2x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.16x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Ilchester, MD Costs By Category
Detailed Ilchester Services Costs Vs. Maryland
Detailed Ilchester Groceries Costs Vs. Maryland
Detailed Ilchester Health Costs Vs. Maryland
Detailed Ilchester Transportation Costs Vs. Maryland
Detailed Ilchester Utilities Costs Vs. Maryland
Ilchester SnackAbility
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Cost Of Living In Cities Around Ilchester
The cost of living varies in the cities and towns around Ilchester. Here's a quick look at the cost of living in the most populous nearby places:
Columbia, MD has a cost of living index of 129, 1.0x Ilchester.
Catonsville, MD has a cost of living index of 122, 0.9x Ilchester.
Olney, MD has a cost of living index of 150, 1.1x Ilchester.
| City | Population | Cost Of Living | Vs. Ilchester |
|---|---|---|---|
| Columbia, MD | 105,086 | 129 | 1.0x |
| Catonsville, MD | 42,789 | 122 | 0.9x |
| Olney, MD | 35,815 | 150 | 1.1x |
| North Laurel, MD | 24,233 | 129 | 1.0x |
| Elkridge, MD | 24,115 | 127 | 1.0x |
| Arbutus, MD | 19,662 | 111 | 0.8x |
| Cloverly, MD | 16,473 | 146 | 1.1x |
| Kemp Mill, MD | 14,509 | 141 | 1.1x |
| Colesville, MD | 14,468 | 140 | 1.1x |
| Scaggsville, MD | 10,658 | 156 | 1.2x |
