What is the cost of living in Severna Park, MD?
According to the most recent data on the cost of living, Severna Park has an overall cost of living index of 154, which is 1.5x higher than the national index of 100.
Compared to Maryland, Severna Park has a cost of living index that's 1.3x higher than Maryland's index of 121.
The standard of living in Severna Park ranks as #174 most affordable out of the 195 places we measured in Maryland. By definition, that implies Severna Park ranks as the #21 most expensive place in the Old Line State.
For more reading on life in Severna Park, check out:
Severna Park Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Severna Park. Here is how it fares on each of the criteria:
The Services index in Severna Park is 105.
The Groceries index in Severna Park is 108.
The Health index in Severna Park is 260.
The Housing index in Severna Park is 108.
The Transportation index in Severna Park is 108.
The Utilities index in Severna Park is 107.
| Living Expense | Severna Park | Maryland | National Average |
|---|---|---|---|
| Overall | 154 | 121 | 100 |
| Services | 105 | 104 | 100 |
| Groceries | 108 | 107 | 100 |
| Health | 260 | 152 | 100 |
| Housing | 108 | 109 | 100 |
| Transportation | 108 | 108 | 100 |
| Utilities | 107 | 109 | 100 |
Severna Park 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 Severna Park Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Severna Park, 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 Severna Park is $744,242.
The Median Rent in Severna Park is $1,699.
The Median Income in Severna Park is $169,953.
The Home Value To Income in Severna Park is 4.4x.
The Rent To Monthly Income in Severna Park is 0.12x.
| Statistic | Severna Park | Maryland | United States |
|---|---|---|---|
| Median Home Value | $744,242 | $429,704 | $332,700 |
| Median Rent | $1,699 | $1,705 | $1,413 |
| Median Income | $169,953 | $103,678 | $80,734 |
| Home Value To Income | 4.4x | 4.1x | 4.1x |
| Rent To Monthly Income | 0.12x | 0.2x | 0.21x |
Severna Park, MD Costs By Category
Detailed Severna Park Services costs vs. Maryland
| Item | Severna Park | 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 Severna Park Groceries costs vs. Maryland
| Item | Severna Park | 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 Severna Park Health costs vs. Maryland
| Item | Severna Park | Maryland |
|---|---|---|
| Optometrist | $114.22 | $125.68 |
| Doctor | $133.22 | $135.78 |
| Dentist | $117.22 | $113.29 |
Detailed Severna Park Transportation costs vs. Maryland
| Item | Severna Park | Maryland |
|---|---|---|
| Gasoline | $3.46 | $3.46 |
| Tire Balancing | $62.66 | $59.92 |
Detailed Severna Park Utilities costs vs. Maryland
| Item | Severna Park | Maryland |
|---|---|---|
| All Electricity | $223.91 | $193.99 |
| Phone | $199.62 | $192.25 |
Severna Park SnackAbility
Cost Of Living In Cities Around Severna Park
The cost of living varies in the cities and towns around Severna Park. 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, 0.9x Severna Park.
Glen Burnie, MD has a cost of living index of 120, 0.8x Severna Park.
Bowie, MD has a cost of living index of 133, 0.9x Severna Park.
| City | Population | Cost Of Living | Vs. Severna Park |
|---|---|---|---|
| Columbia, MD | 104,338 | 138 | 0.9x |
| Glen Burnie, MD | 72,590 | 120 | 0.8x |
| Bowie, MD | 57,926 | 133 | 0.9x |
| Pasadena, MD | 34,309 | 127 | 0.8x |
| Crofton, MD | 29,549 | 140 | 0.9x |
| Ilchester, MD | 28,364 | 139 | 0.9x |
| Elkridge, MD | 26,283 | 134 | 0.9x |
| North Laurel, MD | 25,563 | 137 | 0.9x |
| Arnold, MD | 24,303 | 144 | 0.9x |
| Lake Shore, MD | 18,249 | 136 | 0.9x |
