Rockville, MD Cost Of Living
Cost Of Living In Rockville, MD Summary
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 154, with 100 being the average.
The cost of living index in Rockville is 1.5x higher than the national average.
Rockville ranks as the #178 cheapest in Maryland out of 188.
Rockville ranks as the #5,915 cheapest out of 6,412 in the US.
The median home value in Rockville is $554,800.
The median income in Rockville is $116,031.
Table Of Contents
Rockville's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Rockville, MD?
According to the most recent data on the cost of living, Rockville has an overall cost of living index of 154, which is 1.5x 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 120.
The standard of living in Rockville ranks as #178 most affordable out of the 188 places we measured in Maryland. By definition, that implies Rockville ranks as the #10 most expensive place in the Old Line State.
For more reading on life in Rockville, check out:
- Living In Rockville
- Search Homes For Sale In Rockville, MD
In Maryland
In America
Rockville Cost Of Living Vs. Maryland
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 113.
The Groceries index in Rockville is 115.
The Health index in Rockville is 86.
The Housing index in Rockville is 246.
The Transportation index in Rockville is 117.
The Utilities index in Rockville is 110.
| Living Expense | Rockville | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 154 | 120 | 100 | |
| Services | 113 | 109 | 100 | |
| Groceries | 115 | 108 | 100 | |
| Health | 86 | 92 | 100 | |
| Housing | 246 | 156 | 100 | |
| Transportation | 117 | 100 | 100 | |
| Utilities | 110 | 108 | 100 | |
Rockville, 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 2017-2021. The key points are:
The Median Home Value in Rockville is $554,800.
The Median Rent in Rockville is $1,994.
The Median Income in Rockville is $116,031.
The Home Value To Income in Rockville is 4.8x.
The Rent To Monthly Income in Rockville is 0.21x.
| Statistic | Rockville | Maryland | United States |
|---|---|---|---|
| Median Home Value | $554,800 | $338,500 | $244,900 |
| Median Rent | $1,994 | $1,485 | $1,163 |
| Median Income | $116,031 | $91,431 | $69,021 |
| Home Value To Income | 4.8x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Rockville, MD Costs By Category
Detailed Rockville Services Costs Vs. Maryland
Detailed Rockville Groceries Costs Vs. Maryland
Detailed Rockville Health Costs Vs. Maryland
Detailed Rockville Transportation Costs Vs. Maryland
Detailed Rockville Utilities Costs Vs. Maryland
Rockville SnackAbility
/10
Cost Of Living In Cities Around Rockville
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 134, 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 159, 1.0x Rockville.
| City | Population | Cost Of Living | Vs. Rockville |
|---|---|---|---|
| Gaithersburg, MD | 68,827 | 134 | 0.9x |
| Aspen Hill, MD | 53,850 | 140 | 0.9x |
| North Bethesda, MD | 50,695 | 159 | 1.0x |
| Potomac, MD | 46,891 | 198 | 1.3x |
| Olney, MD | 35,815 | 150 | 1.0x |
| Clarksburg, MD | 27,354 | 153 | 1.0x |
| North Potomac, MD | 24,449 | 167 | 1.1x |
| North Laurel, MD | 24,233 | 129 | 0.8x |
| Redland, MD | 17,965 | 140 | 0.9x |
| Kemp Mill, MD | 14,509 | 141 | 0.9x |
