Cost of living in Maryland City 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 Maryland City 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 Maryland City is 129, with 100 being the average.
The cost of living index in Maryland City is 1.3x higher than the national average.
Maryland City ranks as the #107 cheapest in Maryland out of 194.
Maryland City ranks as the #4,942 cheapest out of 6,489 in the US.
The median home value in Maryland City is $422,037.
The median income in Maryland City is $109,530.
According to the most recent data on the cost of living, Maryland City has an overall cost of living index of 129, which is 1.3x higher than the national index of 100.
Compared to Maryland, Maryland City has a cost of living index that's 1.1x higher than Maryland's index of 121.
The standard of living in Maryland City ranks as #107 most affordable out of the 194 places we measured in Maryland. By definition, that implies Maryland City ranks as the #87 most expensive place in the Old Line State.
For more reading on life in Maryland City, check out:
Six factors go into calculating the cost of living index in Maryland City. Here is how it fairs on each of the criteria:
The Services index in Maryland City is 104.
The Groceries index in Maryland City is 105.
The Health index in Maryland City is 96.
The Housing index in Maryland City is 182.
The Transportation index in Maryland City is 99.
The Utilities index in Maryland City is 109.
| Living Expense | Maryland City | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 129 | 121 | 100 | |
| Services | 104 | 105 | 100 | |
| Groceries | 105 | 107 | 100 | |
| Health | 96 | 96 | 100 | |
| Housing | 182 | 150 | 100 | |
| Transportation | 99 | 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 Maryland City is $422,037.
The Median Rent in Maryland City is $2,199.
The Median Income in Maryland City is $109,530.
The Home Value To Income in Maryland City is 3.9x.
The Rent To Monthly Income in Maryland City is 0.24x.
| Statistic | Maryland City | Maryland | United States |
|---|---|---|---|
| Median Home Value | $422,037 | $427,628 | $303,400 |
| Median Rent | $2,199 | $1,662 | $1,348 |
| Median Income | $109,530 | $101,652 | $78,538 |
| Home Value To Income | 3.9x | 4.2x | 3.9x |
| Rent To Monthly Income | 0.24x | 0.2x | 0.21x |
| Item | Maryland City | Maryland |
|---|---|---|
| Shampoo | $1.44 | $1.28 |
| Movie | $13.69 | $12.13 |
| Bowling | $23.03 | $18 |
| Haircut | $28.33 | $24.26 |
| Beauty Salon | $58.17 | $45.56 |
| Item | Maryland City | Maryland |
|---|---|---|
| Ground Beef | $6.23 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.73 | $4.67 |
| Potatoes | $5.46 | $4.93 |
| Pizza | $13.24 | $12.09 |
| Beer | $10.36 | $10.41 |
| Toothpaste | $3.69 | $3.7 |
| Item | Maryland City | Maryland |
|---|---|---|
| Optometrist | $114.22 | $125.68 |
| Doctor | $133.22 | $135.78 |
| Dentist | $117.22 | $113.29 |
| Item | Maryland City | Maryland |
|---|---|---|
| Gasoline | $3.46 | $3.46 |
| Tire Balancing | $62.66 | $59.92 |
| Item | Maryland City | Maryland |
|---|---|---|
| All Electricity | $223.91 | $193.99 |
| Phone | $199.62 | $192.25 |