What is the cost of living in Pikesville, MD?
According to the most recent data on the cost of living, Pikesville has an overall cost of living index of 130, which is 1.3x higher than the national index of 100.
Compared to Maryland, Pikesville has a cost of living index that's 1.1x higher than Maryland's index of 121.
The standard of living in Pikesville ranks as #103 most affordable out of the 195 places we measured in Maryland. By definition, that implies Pikesville ranks as the #92 most expensive place in the Old Line State.
For more reading on life in Pikesville, check out:
Pikesville Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Pikesville. Here is how it fares on each of the criteria:
The Services index in Pikesville is 107.
The Groceries index in Pikesville is 108.
The Health index in Pikesville is 177.
The Housing index in Pikesville is 108.
The Transportation index in Pikesville is 108.
The Utilities index in Pikesville is 112.
| Living Expense | Pikesville | Maryland | National Average |
|---|---|---|---|
| Overall | 130 | 121 | 100 |
| Services | 107 | 104 | 100 |
| Groceries | 108 | 107 | 100 |
| Health | 177 | 152 | 100 |
| Housing | 108 | 109 | 100 |
| Transportation | 108 | 108 | 100 |
| Utilities | 112 | 109 | 100 |
Pikesville 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 Pikesville Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Pikesville, 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 Pikesville is $429,570.
The Median Rent in Pikesville is $1,707.
The Median Income in Pikesville is $98,465.
The Home Value To Income in Pikesville is 4.4x.
The Rent To Monthly Income in Pikesville is 0.21x.
| Statistic | Pikesville | Maryland | United States |
|---|---|---|---|
| Median Home Value | $429,570 | $429,704 | $332,700 |
| Median Rent | $1,707 | $1,705 | $1,413 |
| Median Income | $98,465 | $103,678 | $80,734 |
| Home Value To Income | 4.4x | 4.1x | 4.1x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.21x |
Pikesville, MD Costs By Category
Detailed Pikesville Services costs vs. Maryland
| Item | Pikesville | Maryland |
|---|---|---|
| Shampoo | $1.44 | $1.28 |
| Movie | $13.69 | $12.13 |
| Bowling | $23.03 | $18 |
| Haircut | $28.33 | $24.26 |
| Beauty Salon | $58.17 | $45.56 |
Detailed Pikesville Groceries costs vs. Maryland
| Item | Pikesville | Maryland |
|---|---|---|
| Ground Beef | $6.23 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.73 | $4.67 |
| Potatoes | $5.46 | $4.93 |
| Pizza | $13.24 | $12.09 |
| Beer | $10.36 | $10.41 |
| Toothpaste | $3.69 | $3.7 |
Detailed Pikesville Health costs vs. Maryland
| Item | Pikesville | Maryland |
|---|---|---|
| Optometrist | $114.22 | $125.68 |
| Doctor | $133.22 | $135.78 |
| Dentist | $117.22 | $113.29 |
Detailed Pikesville Transportation costs vs. Maryland
| Item | Pikesville | Maryland |
|---|---|---|
| Gasoline | $3.46 | $3.46 |
| Tire Balancing | $62.66 | $59.92 |
Detailed Pikesville Utilities costs vs. Maryland
| Item | Pikesville | Maryland |
|---|---|---|
| All Electricity | $223.91 | $193.99 |
| Phone | $199.62 | $192.25 |
Pikesville SnackAbility
Cost Of Living In Cities Around Pikesville
The cost of living varies in the cities and towns around Pikesville. 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 138, 1.1x Pikesville.
Towson, MD has a cost of living index of 135, 1.0x Pikesville.
Owings Mills, MD has a cost of living index of 119, 0.9x Pikesville.
| City | Population | Cost Of Living | Vs. Pikesville |
|---|---|---|---|
| Columbia, MD | 104,338 | 138 | 1.1x |
| Towson, MD | 58,679 | 135 | 1.0x |
| Owings Mills, MD | 37,245 | 119 | 0.9x |
| Randallstown, MD | 35,957 | 117 | 0.9x |
| Eldersburg, MD | 31,695 | 134 | 1.0x |
| Milford Mill, MD | 30,829 | 113 | 0.9x |
| Ilchester, MD | 28,364 | 139 | 1.1x |
| Lochearn, MD | 27,074 | 111 | 0.9x |
| Elkridge, MD | 26,283 | 134 | 1.0x |
| North Laurel, MD | 25,563 | 137 | 1.1x |
