Cost of living in Rockville 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 Rockville 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 Rockville is 155, with 100 being the average.
The cost of living index in Rockville is 1.6x higher than the national average.
Rockville ranks as the #178 cheapest in Maryland out of 194.
Rockville ranks as the #5,809 cheapest out of 6,489 in the US.
The median home value in Rockville is $608,136.
The median income in Rockville is $122,384.
According to the most recent data on the cost of living, Rockville has an overall cost of living index of 155, which is 1.6x higher than the national index of 100.
Compared to Maryland, Rockville has a cost of living index that's 1.3x higher than Maryland's index of 121.
The standard of living in Rockville ranks as #178 most affordable out of the 194 places we measured in Maryland. By definition, that implies Rockville ranks as the #16 most expensive place in the Old Line State.
For more reading on life in Rockville, check out:
Six factors go into calculating the cost of living index in Rockville. Here is how it fairs on each of the criteria:
The Services index in Rockville is 108.
The Groceries index in Rockville is 109.
The Health index in Rockville is 98.
The Housing index in Rockville is 266.
The Transportation index in Rockville is 94.
The Utilities index in Rockville is 110.
| Living Expense | Rockville | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 155 | 121 | 100 | |
| Services | 108 | 105 | 100 | |
| Groceries | 109 | 107 | 100 | |
| Health | 98 | 96 | 100 | |
| Housing | 266 | 150 | 100 | |
| Transportation | 94 | 99 | 100 | |
| Utilities | 110 | 113 | 100 | |
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 Rockville is $608,136.
The Median Rent in Rockville is $2,244.
The Median Income in Rockville is $122,384.
The Home Value To Income in Rockville is 5.0x.
The Rent To Monthly Income in Rockville is 0.22x.
The cost of living varies in the cities and towns around Rockville. Here's a quick look at the cost of living in the most populous nearby places:
Gaithersburg, MD has a cost of living index of 136, 0.9x Rockville.
Aspen Hill, MD has a cost of living index of 140, 0.9x Rockville.
North Bethesda, MD has a cost of living index of 158, 1.0x Rockville.
| City | Population | Cost Of Living | Vs. Rockville |
|---|---|---|---|
| Gaithersburg, MD | 69,225 | 136 | 0.9x |
| Aspen Hill, MD | 53,752 | 140 | 0.9x |
| North Bethesda, MD | 49,498 | 158 | 1.0x |
| Potomac, MD | 46,230 | 199 | 1.3x |
| Olney, MD | 36,000 | 153 | 1.0x |
| Clarksburg, MD | 29,246 | 152 | 1.0x |
| North Laurel, MD | 25,201 | 132 | 0.9x |
| North Potomac, MD | 23,994 | 172 | 1.1x |
| Redland, MD | 18,976 | 139 | 0.9x |
| Kemp Mill, MD | 14,437 | 145 | 0.9x |