Cost of living in Mays Chapel 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 Mays Chapel 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 Mays Chapel is 135, with 100 being the average.
The cost of living index in Mays Chapel is 1.4x higher than the national average.
Mays Chapel ranks as the #135 cheapest in Maryland out of 194.
Mays Chapel ranks as the #5,216 cheapest out of 6,489 in the US.
The median home value in Mays Chapel is $480,961.
The median income in Mays Chapel is $118,462.
According to the most recent data on the cost of living, Mays Chapel has an overall cost of living index of 135, which is 1.4x higher than the national index of 100.
Compared to Maryland, Mays Chapel has a cost of living index that's 1.1x higher than Maryland's index of 121.
The standard of living in Mays Chapel ranks as #135 most affordable out of the 194 places we measured in Maryland. By definition, that implies Mays Chapel ranks as the #59 most expensive place in the Old Line State.
For more reading on life in Mays Chapel, check out:
Six factors go into calculating the cost of living index in Mays Chapel. Here is how it fairs on each of the criteria:
The Services index in Mays Chapel is 104.
The Groceries index in Mays Chapel is 103.
The Health index in Mays Chapel is 96.
The Housing index in Mays Chapel is 202.
The Transportation index in Mays Chapel is 100.
The Utilities index in Mays Chapel is 112.
| Living Expense | Mays Chapel | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 135 | 121 | 100 | |
| Services | 104 | 105 | 100 | |
| Groceries | 103 | 107 | 100 | |
| Health | 96 | 96 | 100 | |
| Housing | 202 | 150 | 100 | |
| Transportation | 100 | 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 Mays Chapel is $480,961.
The Median Rent in Mays Chapel is $1,768.
The Median Income in Mays Chapel is $118,462.
The Home Value To Income in Mays Chapel is 4.1x.
The Rent To Monthly Income in Mays Chapel is 0.18x.
| Statistic | Mays Chapel | Maryland | United States |
|---|---|---|---|
| Median Home Value | $480,961 | $427,628 | $303,400 |
| Median Rent | $1,768 | $1,662 | $1,348 |
| Median Income | $118,462 | $101,652 | $78,538 |
| Home Value To Income | 4.1x | 4.2x | 3.9x |
| Rent To Monthly Income | 0.18x | 0.2x | 0.21x |
| Item | Mays Chapel | 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 | Mays Chapel | 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 | Mays Chapel | Maryland |
|---|---|---|
| Optometrist | $114.22 | $125.68 |
| Doctor | $133.22 | $135.78 |
| Dentist | $117.22 | $113.29 |
| Item | Mays Chapel | Maryland |
|---|---|---|
| Gasoline | $3.46 | $3.46 |
| Tire Balancing | $62.66 | $59.92 |
| Item | Mays Chapel | Maryland |
|---|---|---|
| All Electricity | $223.91 | $193.99 |
| Phone | $199.62 | $192.25 |
The cost of living varies in the cities and towns around Mays Chapel. 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 131, 1.0x Mays Chapel.
Bel Air South, MD has a cost of living index of 119, 0.9x Mays Chapel.
Towson, MD has a cost of living index of 127, 0.9x Mays Chapel.
| City | Population | Cost Of Living | Vs. Mays Chapel |
|---|---|---|---|
| Columbia, MD | 105,871 | 131 | 1.0x |
| Bel Air South, MD | 57,702 | 119 | 0.9x |
| Towson, MD | 57,683 | 127 | 0.9x |
| Pikesville, MD | 34,253 | 125 | 0.9x |
| Pasadena, MD | 32,717 | 128 | 0.9x |
| Bel Air North, MD | 31,599 | 128 | 0.9x |
| Eldersburg, MD | 30,626 | 127 | 0.9x |
| Parkville, MD | 30,423 | 109 | 0.8x |
| Carney, MD | 28,624 | 115 | 0.9x |
| Lochearn, MD | 27,591 | 108 | 0.8x |