What is the cost of living in Olney, MD?
According to the most recent data on the cost of living, Olney has an overall cost of living index of 153, which is 1.5x higher than the national index of 100.
Compared to Maryland, Olney has a cost of living index that's 1.3x higher than Maryland's index of 121.
The standard of living in Olney ranks as #172 most affordable out of the 195 places we measured in Maryland. By definition, that implies Olney ranks as the #23 most expensive place in the Old Line State.
For more reading on life in Olney, check out:
Olney Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Olney. Here is how it fares on each of the criteria:
The Services index in Olney is 106.
The Groceries index in Olney is 108.
The Health index in Olney is 264.
The Housing index in Olney is 109.
The Transportation index in Olney is 109.
The Utilities index in Olney is 105.
| Living Expense | Olney | Maryland | National Average |
|---|---|---|---|
| Overall | 153 | 121 | 100 |
| Services | 106 | 104 | 100 |
| Groceries | 108 | 107 | 100 |
| Health | 264 | 152 | 100 |
| Housing | 109 | 109 | 100 |
| Transportation | 109 | 108 | 100 |
| Utilities | 105 | 109 | 100 |
Olney 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 Olney Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Olney, 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 Olney is $670,385.
The Median Rent in Olney is $2,404.
The Median Income in Olney is $171,458.
The Home Value To Income in Olney is 3.9x.
The Rent To Monthly Income in Olney is 0.17x.
Olney, MD Costs By Category
Detailed Olney Services costs vs. Maryland
Detailed Olney Groceries costs vs. Maryland
Detailed Olney Health costs vs. Maryland
Detailed Olney Transportation costs vs. Maryland
Olney SnackAbility
Cost Of Living In Cities Around Olney
The cost of living varies in the cities and towns around Olney. Here's a quick look at the cost of living in the most populous nearby places:
Aspen Hill, MD has a cost of living index of 144, 0.9x Olney.
Clarksburg, MD has a cost of living index of 156, 1.0x Olney.
Ilchester, MD has a cost of living index of 139, 0.9x Olney.
| City | Population | Cost Of Living | Vs. Olney |
|---|---|---|---|
| Aspen Hill, MD | 53,279 | 144 | 0.9x |
| Clarksburg, MD | 30,487 | 156 | 1.0x |
| Ilchester, MD | 28,364 | 139 | 0.9x |
| North Laurel, MD | 25,563 | 137 | 0.9x |
| North Potomac, MD | 23,922 | 176 | 1.2x |
| Redland, MD | 18,665 | 141 | 0.9x |
| Glenmont, MD | 17,208 | 140 | 0.9x |
| Cloverly, MD | 16,646 | 150 | 1.0x |
| Colesville, MD | 14,519 | 145 | 0.9x |
| Kemp Mill, MD | 13,042 | 147 | 1.0x |
