Owings Mills, MD Cost Of Living

Demographics | Cost Of Living
Updated: 2022-04-07
115
Owings Mills's Overall Cost Of Living
1.1x
Higher Than The National Average
58 out of 188
In Maryland
4,492 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Owings Mills is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Owings Mills, MD?

According to the most recent data on the cost of living, Owings Mills has an overall cost of living index of 115 which is 1.1x higher than the national index of 100.

Compared to only Maryland, Owings Mills has a cost of living index that's 1.0x lower than Maryland's index of 120.

The standard of living in Owings Mills ranks as #4,494 most affordable out of the 6,418 places we measured in Maryland. By definition, that implies Owings Mills ranks as the #1,925 most expensive place in the Old Line State.

For more reading on life in Owings Mills, check out:

Owings Mills Cost Of Living Vs. Maryland

Living Expense Owings Mills Maryland National Average
Overall 115 120 100
Services 106 111 100
Groceries 115 114 100
Health 85 84 100
Housing 136 151 100
Transportation 99 109 100
Utilities 107 108 100
For more reading on cost of living around Maryland, check out:
Owings Mills Cost of Living Vs. MD

Owings Mills, MD Housing Cost Breakdown

Housing swings affordability the most between places in Maryland, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$265,300
Median Home Value
$1,558
Median Rent
$83,106
Median Income
Statistic Owings Mills Maryland United States
Median Home Value $265,300 $325,400 $229,800
Median Rent $1,558 $1,415 $1,096
Median Income $83,106 $87,063 $64,994
Home Value To Income 3.2x 3.7x 3.5x
Rent To Monthly Income 0.22x 0.2x 0.2x

Detailed Owings Mills Services Costs Vs. Maryland

Item Owings Mills Maryland
Shampoo $1.0 $1.06
Movie $13.19 $10.68
Bowling $17.08 $14.67

Detailed Owings Mills Groceries Costs Vs. Maryland

Item Owings Mills Maryland
Ground Beef $4.27 $4.22
Fried Chicken $1.66 $1.39
Milk $2.39 $2.05

Detailed Owings Mills Health Costs Vs. Maryland

Item Owings Mills Maryland
Haircut $22.28 $18.62
Beauty Salon $52.83 $39.05
Toothpaste $4.47 $2.34

Detailed Owings Mills Transportation Costs Vs. Maryland

Item Owings Mills Maryland
Potatoes $4.1 $3.29
Pizza $11.99 $10.62
Beer $9.19 $9.38
Optometrist $82.95 $108.57
Doctor $93.69 $116.17
Dentist $84.98 $99.13

Detailed Owings Mills Utilities Costs Vs. Maryland

Item Owings Mills Maryland
Gasoline $2.15 $2.22
Tire Balancing $54.77 $50.07
All Electricity $176.72 $167.67
Phone $192.13 $175.64

Owings Mills SnackAbility

7
/10
Overall SnackAbility
Jobs
8/10
Housing
9
Affordability
6
Diversity
9
Safety
N/A
Amenities
9
Education
8.5
Commute
4

Cost Of Living In Cities Around Owings Mills

City Population Cost Of Living Vs. Owings Mills
Columbia, MD 105,412 129 1.1x
Towson, MD 57,542 123 1.1x
Severn, MD 53,374 127 1.1x
Randallstown, MD 35,661 109 0.9x
Pikesville, MD 32,871 123 1.1x
Eldersburg, MD 30,550 126 1.1x
Milford Mill, MD 30,355 106 0.9x
Reisterstown, MD 27,804 112 1.0x
Ilchester, MD 26,873 133 1.2x
Lochearn, MD 25,612 106 0.9x

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