What is the cost of living in Montgomery Village, MD?
According to the most recent data on the cost of living, Montgomery Village has an overall cost of living index of 129, which is 1.3x higher than the national index of 100.
Compared to Maryland, Montgomery Village has a cost of living index that's 1.1x higher than Maryland's index of 121.
The standard of living in Montgomery Village ranks as #98 most affordable out of the 195 places we measured in Maryland. By definition, that implies Montgomery Village ranks as the #97 most expensive place in the Old Line State.
For more reading on life in Montgomery Village, check out:
Montgomery Village Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Montgomery Village. Here is how it fares on each of the criteria:
The Services index in Montgomery Village is 105.
The Groceries index in Montgomery Village is 110.
The Health index in Montgomery Village is 172.
The Housing index in Montgomery Village is 106.
The Transportation index in Montgomery Village is 109.
The Utilities index in Montgomery Village is 106.
| Living Expense | Montgomery Village | Maryland | National Average |
|---|---|---|---|
| Overall | 129 | 121 | 100 |
| Services | 105 | 104 | 100 |
| Groceries | 110 | 107 | 100 |
| Health | 172 | 152 | 100 |
| Housing | 106 | 109 | 100 |
| Transportation | 109 | 108 | 100 |
| Utilities | 106 | 109 | 100 |
Montgomery Village Cost Of Living Compared To Maryland Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Maryland, check out:
Protect your home budget Compare home warranties in Montgomery Village Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Montgomery Village, 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 2020-2024. The key points are:
The Median Home Value in Montgomery Village is $390,564.
The Median Rent in Montgomery Village is $1,916.
The Median Income in Montgomery Village is $95,348.
The Home Value To Income in Montgomery Village is 4.1x.
The Rent To Monthly Income in Montgomery Village is 0.24x.
| Statistic | Montgomery Village | Maryland | United States |
|---|---|---|---|
| Median Home Value | $390,564 | $429,704 | $332,700 |
| Median Rent | $1,916 | $1,705 | $1,413 |
| Median Income | $95,348 | $103,678 | $80,734 |
| Home Value To Income | 4.1x | 4.1x | 4.1x |
| Rent To Monthly Income | 0.24x | 0.2x | 0.21x |
Montgomery Village, MD Costs By Category
Detailed Montgomery Village Services costs vs. Maryland
| Item | Montgomery Village | 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 |
Detailed Montgomery Village Groceries costs vs. Maryland
| Item | Montgomery Village | 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 |
Detailed Montgomery Village Health costs vs. Maryland
| Item | Montgomery Village | Maryland |
|---|---|---|
| Optometrist | $92.0 | $125.68 |
| Doctor | $135.03 | $135.78 |
| Dentist | $117.67 | $113.29 |
Detailed Montgomery Village Transportation costs vs. Maryland
| Item | Montgomery Village | Maryland |
|---|---|---|
| Gasoline | $3.25 | $3.46 |
| Tire Balancing | $59.0 | $59.92 |
Detailed Montgomery Village Utilities costs vs. Maryland
| Item | Montgomery Village | Maryland |
|---|---|---|
| All Electricity | $222.47 | $193.99 |
| Phone | $197.37 | $192.25 |
