Cost of living in Stevensville 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 Stevensville 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 Stevensville is 131, with 100 being the average.
The cost of living index in Stevensville is 1.3x higher than the national average.
Stevensville ranks as the #117 cheapest in Maryland out of 194.
Stevensville ranks as the #5,035 cheapest out of 6,489 in the US.
The median home value in Stevensville is $536,802.
The median income in Stevensville is $131,618.
According to the most recent data on the cost of living, Stevensville has an overall cost of living index of 131, which is 1.3x higher than the national index of 100.
Compared to Maryland, Stevensville has a cost of living index that's 1.1x higher than Maryland's index of 121.
The standard of living in Stevensville ranks as #117 most affordable out of the 194 places we measured in Maryland. By definition, that implies Stevensville ranks as the #77 most expensive place in the Old Line State.
For more reading on life in Stevensville, check out:
Six factors go into calculating the cost of living index in Stevensville. Here is how it fairs on each of the criteria:
The Services index in Stevensville is 105.
The Groceries index in Stevensville is 103.
The Health index in Stevensville is 96.
The Housing index in Stevensville is 200.
The Transportation index in Stevensville is 99.
The Utilities index in Stevensville is 110.
| Living Expense | Stevensville | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 131 | 121 | 100 | |
| Services | 105 | 105 | 100 | |
| Groceries | 103 | 107 | 100 | |
| Health | 96 | 96 | 100 | |
| Housing | 200 | 150 | 100 | |
| Transportation | 99 | 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 Stevensville is $536,802.
The Median Rent in Stevensville is $1,735.
The Median Income in Stevensville is $131,618.
The Home Value To Income in Stevensville is 4.1x.
The Rent To Monthly Income in Stevensville is 0.16x.
| Statistic | Stevensville | Maryland | United States |
|---|---|---|---|
| Median Home Value | $536,802 | $427,628 | $303,400 |
| Median Rent | $1,735 | $1,662 | $1,348 |
| Median Income | $131,618 | $101,652 | $78,538 |
| Home Value To Income | 4.1x | 4.2x | 3.9x |
| Rent To Monthly Income | 0.16x | 0.2x | 0.21x |
| Item | Stevensville | 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 |
| Item | Stevensville | 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 |
| Item | Stevensville | Maryland |
|---|---|---|
| Optometrist | $114.22 | $125.68 |
| Doctor | $133.22 | $135.78 |
| Dentist | $117.22 | $113.29 |
| Item | Stevensville | Maryland |
|---|---|---|
| Gasoline | $3.46 | $3.46 |
| Tire Balancing | $62.66 | $59.92 |
| Item | Stevensville | Maryland |
|---|---|---|
| All Electricity | $223.91 | $193.99 |
| Phone | $199.62 | $192.25 |
The cost of living varies in the cities and towns around Stevensville. Here's a quick look at the cost of living in the most populous nearby places:
Annapolis, MD has a cost of living index of 136, 1.0x Stevensville.
Severna Park, MD has a cost of living index of 152, 1.2x Stevensville.
Pasadena, MD has a cost of living index of 128, 1.0x Stevensville.
| City | Population | Cost Of Living | Vs. Stevensville |
|---|---|---|---|
| Annapolis, MD | 40,744 | 136 | 1.0x |
| Severna Park, MD | 39,499 | 152 | 1.2x |
| Pasadena, MD | 32,717 | 128 | 1.0x |
| Crofton, MD | 29,878 | 143 | 1.1x |
| Arnold, MD | 23,866 | 142 | 1.1x |
| Lake Shore, MD | 18,263 | 136 | 1.0x |
| Riviera Beach, MD | 12,608 | 121 | 0.9x |
| Annapolis Neck, MD | 12,484 | 164 | 1.3x |
| Cape St. Claire, MD | 9,016 | 136 | 1.0x |
| Mayo, MD | 8,322 | 145 | 1.1x |