Cost of living in Odenton 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 Odenton 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 Odenton is 127, with 100 being the average.
The cost of living index in Odenton is 1.3x higher than the national average.
Odenton ranks as the #93 cheapest in Maryland out of 194.
Odenton ranks as the #4,833 cheapest out of 6,489 in the US.
The median home value in Odenton is $467,494.
The median income in Odenton is $126,455.
According to the most recent data on the cost of living, Odenton has an overall cost of living index of 127, which is 1.3x higher than the national index of 100.
Compared to Maryland, Odenton has a cost of living index that's 1.0x higher than Maryland's index of 121.
The standard of living in Odenton ranks as #93 most affordable out of the 194 places we measured in Maryland. By definition, that implies Odenton ranks as the #101 most expensive place in the Old Line State.
For more reading on life in Odenton, check out:
Six factors go into calculating the cost of living index in Odenton. Here is how it fairs on each of the criteria:
The Services index in Odenton is 103.
The Groceries index in Odenton is 105.
The Health index in Odenton is 96.
The Housing index in Odenton is 188.
The Transportation index in Odenton is 103.
The Utilities index in Odenton is 113.
| Living Expense | Odenton | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 127 | 121 | 100 | |
| Services | 103 | 105 | 100 | |
| Groceries | 105 | 107 | 100 | |
| Health | 96 | 96 | 100 | |
| Housing | 188 | 150 | 100 | |
| Transportation | 103 | 99 | 100 | |
| Utilities | 113 | 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 Odenton is $467,494.
The Median Rent in Odenton is $2,174.
The Median Income in Odenton is $126,455.
The Home Value To Income in Odenton is 3.7x.
The Rent To Monthly Income in Odenton is 0.21x.
The cost of living varies in the cities and towns around Odenton. 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 Odenton.
Severn, MD has a cost of living index of 133, 1.0x Odenton.
Severna Park, MD has a cost of living index of 152, 1.2x Odenton.
| City | Population | Cost Of Living | Vs. Odenton |
|---|---|---|---|
| Columbia, MD | 105,871 | 131 | 1.0x |
| Severn, MD | 58,041 | 133 | 1.0x |
| Severna Park, MD | 39,499 | 152 | 1.2x |
| Crofton, MD | 29,878 | 143 | 1.1x |
| Ilchester, MD | 27,552 | 136 | 1.1x |
| North Laurel, MD | 25,201 | 132 | 1.0x |
| Cloverly, MD | 16,726 | 148 | 1.2x |
| Kemp Mill, MD | 14,437 | 145 | 1.1x |
| Colesville, MD | 14,075 | 140 | 1.1x |
| Fort Meade, MD | 10,477 | 143 | 1.1x |