New Carrollton, MD Cost Of Living

The latest cost of living statistics for New Carrollton. Includes statistics on rent, mortgages, healthcare, and other costs for New Carrollton compared to the state and national averages.

Cost of living in New Carrollton, Maryland

Cost of living in New Carrollton 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 New Carrollton 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:

121 Cost of living index 1.2x higher vs US
#64 Cheapest in Maryland (of 195)
#4,405 Cheapest in the U.S. (of 6,489)
$399,604 Median home value
$1,749 Median rent
$81,509 Median income
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What is the cost of living in New Carrollton, MD?

According to the most recent data on the cost of living, New Carrollton has an overall cost of living index of 121, which is 1.2x higher than the national index of 100.

Compared to Maryland, New Carrollton has a cost of living index that's 1.0x lower than Maryland's index of 121.

The standard of living in New Carrollton ranks as #64 most affordable out of the 195 places we measured in Maryland. By definition, that implies New Carrollton ranks as the #131 most expensive place in the Old Line State.

For more reading on life in New Carrollton, check out:

New Carrollton Cost Of Living Vs. Maryland

Six factors go into calculating the cost of living index in New Carrollton. Here is how it fares on each of the criteria:

  • The Services index in New Carrollton is 107.

  • The Groceries index in New Carrollton is 104.

  • The Health index in New Carrollton is 159.

  • The Housing index in New Carrollton is 111.

  • The Transportation index in New Carrollton is 106.

  • The Utilities index in New Carrollton is 107.

Living Expense New Carrollton Maryland National Average
Overall 121 121 100
Services 107 104 100
Groceries 104 107 100
Health 159 152 100
Housing 111 109 100
Transportation 106 108 100
Utilities 107 109 100

New Carrollton Cost Of Living Compared To Maryland Averages

Services
New Carrollton 107
Maryland avg 104
Groceries
New Carrollton 104
Maryland avg 107
Health
New Carrollton 159
Maryland avg 152
Housing
New Carrollton 111
Maryland avg 109
Transportation
New Carrollton 106
Maryland avg 108
Utilities
New Carrollton 107
Maryland avg 109

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Maryland, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

New Carrollton, MD Housing Cost Breakdown

$399,604Median Home Value
$1,749Median Rent
$81,509Median Income

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 New Carrollton is $399,604.

  • The Median Rent in New Carrollton is $1,749.

  • The Median Income in New Carrollton is $81,509.

  • The Home Value To Income in New Carrollton is 4.9x.

  • The Rent To Monthly Income in New Carrollton is 0.26x.

Statistic New Carrollton Maryland United States
Median Home Value $399,604 $429,704 $332,700
Median Rent $1,749 $1,705 $1,413
Median Income $81,509 $103,678 $80,734
Home Value To Income 4.9x 4.1x 4.1x
Rent To Monthly Income 0.26x 0.2x 0.21x

New Carrollton, MD Costs By Category

Detailed New Carrollton Services costs vs. Maryland
Item New Carrollton Maryland
Shampoo $1.63 $1.28
Movie $15.72 $12.13
Bowling $24.56 $18
Haircut $41.31 $24.26
Beauty Salon $73.33 $45.56
Detailed New Carrollton Groceries costs vs. Maryland
Item New Carrollton Maryland
Ground Beef $5.72 $5.84
Fried Chicken $1.31 $1.57
Milk $4.83 $4.67
Potatoes $5.15 $4.93
Pizza $12.83 $12.09
Beer $11.41 $10.41
Toothpaste $3.7 $3.7
Detailed New Carrollton Health costs vs. Maryland
Item New Carrollton Maryland
Optometrist $112.83 $125.68
Doctor $156.21 $135.78
Dentist $135.09 $113.29
Detailed New Carrollton Transportation costs vs. Maryland
Item New Carrollton Maryland
Gasoline $3.37 $3.46
Tire Balancing $75.27 $59.92
Detailed New Carrollton Utilities costs vs. Maryland
Item New Carrollton Maryland
All Electricity $227.7 $193.99
Phone $190.71 $192.25

New Carrollton SnackAbility

6Overall SnackAbility
Jobs 6/10
Housing 9/10
Affordability 4/10
Diversity 9/10
SafetyN/A
Amenities 9/10
Education 6/10
Commute 4/10

Cost Of Living In Cities Around New Carrollton

The cost of living varies in the cities and towns around New Carrollton. Here's a quick look at the cost of living in the most populous nearby places:

  • Olney, MD has a cost of living index of 153, 1.3x New Carrollton.

  • Ilchester, MD has a cost of living index of 139, 1.1x New Carrollton.

  • North Laurel, MD has a cost of living index of 137, 1.1x New Carrollton.

City Population Cost Of Living Vs. New Carrollton
Olney, MD 35,797 153 1.3x
Ilchester, MD 28,364 139 1.1x
North Laurel, MD 25,563 137 1.1x
Greenbelt, MD 24,678 117 1.0x
East Riverdale, MD 18,336 121 1.0x
Seabrook, MD 18,317 127 1.0x
Colesville, MD 14,519 145 1.2x
Kemp Mill, MD 13,042 147 1.2x
Lanham, MD 11,433 129 1.1x
Chevy Chase, MD 9,445 257 2.1x