Cost of living in Leisure World 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 Leisure World 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 Leisure World is 118, with 100 being the average.
The cost of living index in Leisure World is 1.2x higher than the national average.
Leisure World ranks as the #53 cheapest in Maryland out of 194.
Leisure World ranks as the #4,280 cheapest out of 6,489 in the US.
The median home value in Leisure World is $285,050.
The median income in Leisure World is $58,125.
According to the most recent data on the cost of living, Leisure World has an overall cost of living index of 118, which is 1.2x higher than the national index of 100.
Compared to Maryland, Leisure World has a cost of living index that's 1.0x lower than Maryland's index of 121.
The standard of living in Leisure World ranks as #53 most affordable out of the 194 places we measured in Maryland. By definition, that implies Leisure World ranks as the #141 most expensive place in the Old Line State.
For more reading on life in Leisure World, check out:
Six factors go into calculating the cost of living index in Leisure World. Here is how it fairs on each of the criteria:
The Services index in Leisure World is 111.
The Groceries index in Leisure World is 106.
The Health index in Leisure World is 99.
The Housing index in Leisure World is 143.
The Transportation index in Leisure World is 94.
The Utilities index in Leisure World is 109.
| Living Expense | Leisure World | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 118 | 121 | 100 | |
| Services | 111 | 105 | 100 | |
| Groceries | 106 | 107 | 100 | |
| Health | 99 | 96 | 100 | |
| Housing | 143 | 150 | 100 | |
| Transportation | 94 | 99 | 100 | |
| Utilities | 109 | 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 Leisure World is $285,050.
The Median Rent in Leisure World is $2,111.
The Median Income in Leisure World is $58,125.
The Home Value To Income in Leisure World is 4.9x.
The Rent To Monthly Income in Leisure World is 0.44x.
| Statistic | Leisure World | Maryland | United States |
|---|---|---|---|
| Median Home Value | $285,050 | $427,628 | $303,400 |
| Median Rent | $2,111 | $1,662 | $1,348 |
| Median Income | $58,125 | $101,652 | $78,538 |
| Home Value To Income | 4.9x | 4.2x | 3.9x |
| Rent To Monthly Income | 0.44x | 0.2x | 0.21x |
| Item | Leisure World | Maryland |
|---|---|---|
| Shampoo | $1.51 | $1.28 |
| Movie | $15.69 | $12.13 |
| Bowling | $24.83 | $18 |
| Haircut | $26.11 | $24.26 |
| Beauty Salon | $70.08 | $45.56 |
| Item | Leisure World | Maryland |
|---|---|---|
| Ground Beef | $6.24 | $5.84 |
| Fried Chicken | $1.4 | $1.57 |
| Milk | $4.78 | $4.67 |
| Potatoes | $5.49 | $4.93 |
| Pizza | $12.56 | $12.09 |
| Beer | $11.1 | $10.41 |
| Toothpaste | $3.81 | $3.7 |
| Item | Leisure World | Maryland |
|---|---|---|
| Optometrist | $92.0 | $125.68 |
| Doctor | $135.03 | $135.78 |
| Dentist | $117.67 | $113.29 |
| Item | Leisure World | Maryland |
|---|---|---|
| Gasoline | $3.25 | $3.46 |
| Tire Balancing | $59.0 | $59.92 |
| Item | Leisure World | Maryland |
|---|---|---|
| All Electricity | $222.47 | $193.99 |
| Phone | $197.37 | $192.25 |
The cost of living varies in the cities and towns around Leisure World. Here's a quick look at the cost of living in the most populous nearby places:
Aspen Hill, MD has a cost of living index of 140, 1.2x Leisure World.
Wheaton, MD has a cost of living index of 134, 1.1x Leisure World.
Olney, MD has a cost of living index of 153, 1.3x Leisure World.
| City | Population | Cost Of Living | Vs. Leisure World |
|---|---|---|---|
| Aspen Hill, MD | 53,752 | 140 | 1.2x |
| Wheaton, MD | 52,172 | 134 | 1.1x |
| Olney, MD | 36,000 | 153 | 1.3x |
| Ilchester, MD | 27,552 | 136 | 1.2x |
| North Laurel, MD | 25,201 | 132 | 1.1x |
| North Potomac, MD | 23,994 | 172 | 1.5x |
| Redland, MD | 18,976 | 139 | 1.2x |
| Cloverly, MD | 16,726 | 148 | 1.3x |
| Glenmont, MD | 16,529 | 138 | 1.2x |
| Kemp Mill, MD | 14,437 | 145 | 1.2x |