Overlea, MD Cost Of Living
Cost Of Living In Overlea, MD Summary
Cost of living in Overlea 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 Overlea 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 Overlea is 110, with 100 being the average.
The cost of living index in Overlea is 1.1x higher than the national average.
Overlea ranks as the #28 cheapest in Maryland out of 194.
Overlea ranks as the #3,657 cheapest out of 6,489 in the US.
The median home value in Overlea is $268,276.
The median income in Overlea is $86,296.
Table Of Contents
Overlea's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Overlea, MD?
According to the most recent data on the cost of living, Overlea has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.
Compared to Maryland, Overlea has a cost of living index that's 0.9x lower than Maryland's index of 121.
The standard of living in Overlea ranks as #28 most affordable out of the 194 places we measured in Maryland. By definition, that implies Overlea ranks as the #166 most expensive place in the Old Line State.
For more reading on life in Overlea, check out:
In Maryland
In America
Overlea Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Overlea. Here is how it fairs on each of the criteria:
The Services index in Overlea is 104.
The Groceries index in Overlea is 105.
The Health index in Overlea is 97.
The Housing index in Overlea is 120.
The Transportation index in Overlea is 102.
The Utilities index in Overlea is 111.
| Living Expense | Overlea | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 110 | 121 | 100 | |
| Services | 104 | 105 | 100 | |
| Groceries | 105 | 107 | 100 | |
| Health | 97 | 96 | 100 | |
| Housing | 120 | 150 | 100 | |
| Transportation | 102 | 99 | 100 | |
| Utilities | 111 | 113 | 100 | |
Overlea, 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 2019-2023. The key points are:
The Median Home Value in Overlea is $268,276.
The Median Rent in Overlea is $1,315.
The Median Income in Overlea is $86,296.
The Home Value To Income in Overlea is 3.1x.
The Rent To Monthly Income in Overlea is 0.18x.
Median Home Value
Median Rent
Median Income
Overlea, MD Costs By Category
Detailed Overlea Services Costs Vs. Maryland
Detailed Overlea Groceries Costs Vs. Maryland
Detailed Overlea Health Costs Vs. Maryland
Detailed Overlea Transportation Costs Vs. Maryland
Detailed Overlea Utilities Costs Vs. Maryland
Overlea SnackAbility
/10
Cost Of Living In Cities Around Overlea
The cost of living varies in the cities and towns around Overlea. Here's a quick look at the cost of living in the most populous nearby places:
Bel Air South, MD has a cost of living index of 119, 1.1x Overlea.
Towson, MD has a cost of living index of 127, 1.2x Overlea.
Essex, MD has a cost of living index of 106, 1.0x Overlea.
| City | Population | Cost Of Living | Vs. Overlea |
|---|---|---|---|
| Bel Air South, MD | 57,702 | 119 | 1.1x |
| Towson, MD | 57,683 | 127 | 1.2x |
| Essex, MD | 40,670 | 106 | 1.0x |
| Severna Park, MD | 39,499 | 152 | 1.4x |
| Pasadena, MD | 32,717 | 128 | 1.2x |
| Middle River, MD | 31,616 | 106 | 1.0x |
| Bel Air North, MD | 31,599 | 128 | 1.2x |
| Parkville, MD | 30,423 | 109 | 1.0x |
| Perry Hall, MD | 28,908 | 116 | 1.1x |
| Carney, MD | 28,624 | 115 | 1.0x |
