South Kensington, MD Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

Cost Of Living In South Kensington, MD Summary

Cost of living in South Kensington 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 South Kensington 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 South Kensington is 181, with 100 being the average.

  • The cost of living index in South Kensington is 1.8x higher than the national average.

  • South Kensington ranks as the #184 cheapest in Maryland out of 188.

  • South Kensington ranks as the #6,217 cheapest out of 6,412 in the US.

  • The median home value in South Kensington is $806,700.

  • The median income in South Kensington is $197,500.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
181
South Kensington's Overall Cost Of Living
1.8x
Higher Than The National Average

What is the cost of living in South Kensington, MD?

According to the most recent data on the cost of living, South Kensington has an overall cost of living index of 181, which is 1.8x higher than the national index of 100.

Compared to Maryland, South Kensington has a cost of living index that's 1.5x higher than Maryland's index of 120.

The standard of living in South Kensington ranks as #184 most affordable out of the 188 places we measured in Maryland. By definition, that implies South Kensington ranks as the #4 most expensive place in the Old Line State.

For more reading on life in South Kensington, check out:

184 out of 188
In Maryland
6,217 out of 6,412
In America

South Kensington Cost Of Living Vs. Maryland

Six factors go into calculating the cost of living index in South Kensington. Here is how it fairs on each of the criteria:

  • The Services index in South Kensington is 115.

  • The Groceries index in South Kensington is 113.

  • The Health index in South Kensington is 89.

  • The Housing index in South Kensington is 334.

  • The Transportation index in South Kensington is 116.

  • The Utilities index in South Kensington is 109.

Living Expense South Kensington Maryland National Average
Overall 181 120 100
Services 115 109 100
Groceries 113 108 100
Health 89 92 100
Housing 334 156 100
Transportation 116 100 100
Utilities 109 108 100
For more reading on cost of living around Maryland, check out:
South Kensington Cost of Living Vs. MD

South Kensington, 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 South Kensington is $806,700.

  • The Median Rent in South Kensington is $2,447.

  • The Median Income in South Kensington is $197,500.

  • The Home Value To Income in South Kensington is 4.1x.

  • The Rent To Monthly Income in South Kensington is 0.15x.

Statistic South Kensington Maryland United States
Median Home Value $806,700 $338,500 $244,900
Median Rent $2,447 $1,485 $1,163
Median Income $197,500 $91,431 $69,021
Home Value To Income 4.1x 3.7x 3.5x
Rent To Monthly Income 0.15x 0.19x 0.2x
Search Homes For Sale In South Kensington, MD
$806,700
Median Home Value
$2,447
Median Rent
$197,500
Median Income

South Kensington, MD Costs By Category

Detailed South Kensington Services Costs Vs. Maryland

Item South Kensington Maryland
Shampoo $1.43 $1.06
Movie $12.5 $10.68
Bowling $21.25 $14.67
Haircut $31.92 $18.62
Beauty Salon $63.67 $39.05

Detailed South Kensington Groceries Costs Vs. Maryland

Item South Kensington Maryland
Ground Beef $4.7 $4.22
Fried Chicken $1.75 $1.39
Milk $2.49 $2.05
Potatoes $3.99 $3.29
Pizza $11.99 $10.62
Beer $10.99 $9.38
Toothpaste $2.74 $2.34

Detailed South Kensington Health Costs Vs. Maryland

Item South Kensington Maryland
Optometrist $75.0 $108.57
Doctor $97.0 $116.17
Dentist $87.0 $99.13

Detailed South Kensington Transportation Costs Vs. Maryland

Item South Kensington Maryland
Gasoline $2.44 $2.22
Tire Balancing $62.0 $50.07

Detailed South Kensington Utilities Costs Vs. Maryland

Item South Kensington Maryland
All Electricity $193.98 $167.67
Phone $190.63 $175.64

South Kensington SnackAbility

7.5
/10
Overall SnackAbility
Jobs
9.5/10
Housing
10
Affordability
6
Diversity
8
Safety
N/A
Amenities
9
Education
9.5
Commute
4

Cost Of Living In Cities Around South Kensington

The cost of living varies in the cities and towns around South Kensington. Here's a quick look at the cost of living in the most populous nearby places:

  • Wheaton, MD has a cost of living index of 132, 0.7x South Kensington.

  • Olney, MD has a cost of living index of 150, 0.8x South Kensington.

  • Clarksburg, MD has a cost of living index of 153, 0.8x South Kensington.

City Population Cost Of Living Vs. South Kensington
Wheaton, MD 51,836 132 0.7x
Olney, MD 35,815 150 0.8x
Clarksburg, MD 27,354 153 0.8x
North Potomac, MD 24,449 167 0.9x
North Laurel, MD 24,233 129 0.7x
Kemp Mill, MD 14,509 141 0.8x
Colesville, MD 14,468 140 0.8x
Travilah, MD 11,052 227 1.3x
Chevy Chase, MD 9,889 204 1.1x
North Kensington, MD 8,771 141 0.8x

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