Odenton, MD Cost Of Living
Cost Of Living In Odenton, MD Summary
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 123, with 100 being the average.
The cost of living index in Odenton is 1.2x higher than the national average.
Odenton ranks as the #99 cheapest in Maryland out of 188.
Odenton ranks as the #4,954 cheapest out of 6,412 in the US.
The median home value in Odenton is $346,700.
The median income in Odenton is $104,891.
Table Of Contents
Odenton's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Odenton, MD?
According to the most recent data on the cost of living, Odenton has an overall cost of living index of 123, which is 1.2x 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 120.
The standard of living in Odenton ranks as #99 most affordable out of the 188 places we measured in Maryland. By definition, that implies Odenton ranks as the #89 most expensive place in the Old Line State.
For more reading on life in Odenton, check out:
- Living In Odenton
- Search Homes For Sale In Odenton, MD
In Maryland
In America
Odenton Cost Of Living Vs. Maryland
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 105.
The Groceries index in Odenton is 112.
The Health index in Odenton is 86.
The Housing index in Odenton is 171.
The Transportation index in Odenton is 102.
The Utilities index in Odenton is 107.
| Living Expense | Odenton | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 123 | 120 | 100 | |
| Services | 105 | 109 | 100 | |
| Groceries | 112 | 108 | 100 | |
| Health | 86 | 92 | 100 | |
| Housing | 171 | 156 | 100 | |
| Transportation | 102 | 100 | 100 | |
| Utilities | 107 | 108 | 100 | |
Odenton, 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 2017-2021. The key points are:
The Median Home Value in Odenton is $346,700.
The Median Rent in Odenton is $1,973.
The Median Income in Odenton is $104,891.
The Home Value To Income in Odenton is 3.3x.
The Rent To Monthly Income in Odenton is 0.23x.
| Statistic | Odenton | Maryland | United States |
|---|---|---|---|
| Median Home Value | $346,700 | $338,500 | $244,900 |
| Median Rent | $1,973 | $1,485 | $1,163 |
| Median Income | $104,891 | $91,431 | $69,021 |
| Home Value To Income | 3.3x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Odenton, MD Costs By Category
Detailed Odenton Services Costs Vs. Maryland
Detailed Odenton Groceries Costs Vs. Maryland
Detailed Odenton Health Costs Vs. Maryland
Detailed Odenton Transportation Costs Vs. Maryland
Detailed Odenton Utilities Costs Vs. Maryland
Odenton SnackAbility
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Cost Of Living In Cities Around Odenton
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 129, 1.0x Odenton.
Severn, MD has a cost of living index of 127, 1.0x Odenton.
Severna Park, MD has a cost of living index of 146, 1.2x Odenton.
| City | Population | Cost Of Living | Vs. Odenton |
|---|---|---|---|
| Columbia, MD | 105,086 | 129 | 1.0x |
| Severn, MD | 53,955 | 127 | 1.0x |
| Severna Park, MD | 39,108 | 146 | 1.2x |
| Crofton, MD | 29,812 | 140 | 1.1x |
| Ilchester, MD | 27,513 | 133 | 1.1x |
| North Laurel, MD | 24,233 | 129 | 1.0x |
| Cloverly, MD | 16,473 | 146 | 1.2x |
| Kemp Mill, MD | 14,509 | 141 | 1.1x |
| Colesville, MD | 14,468 | 140 | 1.1x |
| Fort Meade, MD | 11,253 | 120 | 1.0x |
