What is the cost of living in Randallstown, MD?
According to the most recent data on the cost of living, Randallstown has an overall cost of living index of 117, which is 1.2x higher than the national index of 100.
Compared to Maryland, Randallstown has a cost of living index that's 1.0x lower than Maryland's index of 121.
The standard of living in Randallstown ranks as #44 most affordable out of the 195 places we measured in Maryland. By definition, that implies Randallstown ranks as the #151 most expensive place in the Old Line State.
For more reading on life in Randallstown, check out:
Randallstown Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Randallstown. Here is how it fares on each of the criteria:
The Services index in Randallstown is 102.
The Groceries index in Randallstown is 107.
The Health index in Randallstown is 137.
The Housing index in Randallstown is 106.
The Transportation index in Randallstown is 108.
The Utilities index in Randallstown is 112.
| Living Expense | Randallstown | Maryland | National Average |
|---|---|---|---|
| Overall | 117 | 121 | 100 |
| Services | 102 | 104 | 100 |
| Groceries | 107 | 107 | 100 |
| Health | 137 | 152 | 100 |
| Housing | 106 | 109 | 100 |
| Transportation | 108 | 108 | 100 |
| Utilities | 112 | 109 | 100 |
Randallstown 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 Randallstown Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Randallstown, 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 Randallstown is $371,317.
The Median Rent in Randallstown is $1,577.
The Median Income in Randallstown is $85,735.
The Home Value To Income in Randallstown is 4.3x.
The Rent To Monthly Income in Randallstown is 0.22x.
| Statistic | Randallstown | Maryland | United States |
|---|---|---|---|
| Median Home Value | $371,317 | $429,704 | $332,700 |
| Median Rent | $1,577 | $1,705 | $1,413 |
| Median Income | $85,735 | $103,678 | $80,734 |
| Home Value To Income | 4.3x | 4.1x | 4.1x |
| Rent To Monthly Income | 0.22x | 0.2x | 0.21x |
Randallstown, MD Costs By Category
Detailed Randallstown Services costs vs. Maryland
| Item | Randallstown | 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 Randallstown Groceries costs vs. Maryland
| Item | Randallstown | 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 Randallstown Health costs vs. Maryland
| Item | Randallstown | Maryland |
|---|---|---|
| Optometrist | $114.22 | $125.68 |
| Doctor | $133.22 | $135.78 |
| Dentist | $117.22 | $113.29 |
Detailed Randallstown Transportation costs vs. Maryland
| Item | Randallstown | Maryland |
|---|---|---|
| Gasoline | $3.46 | $3.46 |
| Tire Balancing | $62.66 | $59.92 |
Detailed Randallstown Utilities costs vs. Maryland
| Item | Randallstown | Maryland |
|---|---|---|
| All Electricity | $223.91 | $193.99 |
| Phone | $199.62 | $192.25 |
Randallstown SnackAbility
Cost Of Living In Cities Around Randallstown
The cost of living varies in the cities and towns around Randallstown. 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, 1.2x Randallstown.
Catonsville, MD has a cost of living index of 125, 1.1x Randallstown.
Owings Mills, MD has a cost of living index of 119, 1.0x Randallstown.
| City | Population | Cost Of Living | Vs. Randallstown |
|---|---|---|---|
| Columbia, MD | 104,338 | 138 | 1.2x |
| Catonsville, MD | 43,368 | 125 | 1.1x |
| Owings Mills, MD | 37,245 | 119 | 1.0x |
| Pikesville, MD | 33,524 | 130 | 1.1x |
| Eldersburg, MD | 31,695 | 134 | 1.1x |
| Milford Mill, MD | 30,829 | 113 | 1.0x |
| Ilchester, MD | 28,364 | 139 | 1.2x |
| Lochearn, MD | 27,074 | 111 | 0.9x |
| Elkridge, MD | 26,283 | 134 | 1.1x |
| Reisterstown, MD | 25,582 | 115 | 1.0x |
