Walker Mill, MD Cost Of Living
Cost Of Living In Walker Mill, MD Summary
Cost of living in Walker Mill 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 Walker Mill 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 Walker Mill is 119, with 100 being the average.
The cost of living index in Walker Mill is 1.2x higher than the national average.
Walker Mill ranks as the #58 cheapest in Maryland out of 194.
Walker Mill ranks as the #4,349 cheapest out of 6,489 in the US.
The median home value in Walker Mill is $361,030.
The median income in Walker Mill is $74,200.
Table Of Contents
Walker Mill's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Walker Mill, MD?
According to the most recent data on the cost of living, Walker Mill has an overall cost of living index of 119, which is 1.2x higher than the national index of 100.
Compared to Maryland, Walker Mill has a cost of living index that's 1.0x lower than Maryland's index of 121.
The standard of living in Walker Mill ranks as #58 most affordable out of the 194 places we measured in Maryland. By definition, that implies Walker Mill ranks as the #136 most expensive place in the Old Line State.
For more reading on life in Walker Mill, check out:
In Maryland
In America
Walker Mill Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Walker Mill. Here is how it fairs on each of the criteria:
The Services index in Walker Mill is 117.
The Groceries index in Walker Mill is 107.
The Health index in Walker Mill is 112.
The Housing index in Walker Mill is 143.
The Transportation index in Walker Mill is 107.
The Utilities index in Walker Mill is 109.
| Living Expense | Walker Mill | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 119 | 121 | 100 | |
| Services | 117 | 105 | 100 | |
| Groceries | 107 | 107 | 100 | |
| Health | 112 | 96 | 100 | |
| Housing | 143 | 150 | 100 | |
| Transportation | 107 | 99 | 100 | |
| Utilities | 109 | 113 | 100 | |
Walker Mill, 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 2019-2023. The key points are:
The Median Home Value in Walker Mill is $361,030.
The Median Rent in Walker Mill is $1,501.
The Median Income in Walker Mill is $74,200.
The Home Value To Income in Walker Mill is 4.9x.
The Rent To Monthly Income in Walker Mill is 0.24x.
| Statistic | Walker Mill | Maryland | United States |
|---|---|---|---|
| Median Home Value | $361,030 | $427,628 | $303,400 |
| Median Rent | $1,501 | $1,662 | $1,348 |
| Median Income | $74,200 | $101,652 | $78,538 |
| Home Value To Income | 4.9x | 4.2x | 3.9x |
| Rent To Monthly Income | 0.24x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Walker Mill, MD Costs By Category
Detailed Walker Mill Services Costs Vs. Maryland
| Item | Walker Mill | Maryland |
|---|---|---|
| Shampoo | $1.63 | $1.28 |
| Movie | $15.72 | $12.13 |
| Bowling | $24.56 | $18 |
| Haircut | $41.31 | $24.26 |
| Beauty Salon | $73.33 | $45.56 |
Detailed Walker Mill Groceries Costs Vs. Maryland
| Item | Walker Mill | Maryland |
|---|---|---|
| Ground Beef | $5.72 | $5.84 |
| Fried Chicken | $1.31 | $1.57 |
| Milk | $4.83 | $4.67 |
| Potatoes | $5.15 | $4.93 |
| Pizza | $12.83 | $12.09 |
| Beer | $11.41 | $10.41 |
| Toothpaste | $3.7 | $3.7 |
Detailed Walker Mill Health Costs Vs. Maryland
| Item | Walker Mill | Maryland |
|---|---|---|
| Optometrist | $112.83 | $125.68 |
| Doctor | $156.21 | $135.78 |
| Dentist | $135.09 | $113.29 |
Detailed Walker Mill Transportation Costs Vs. Maryland
| Item | Walker Mill | Maryland |
|---|---|---|
| Gasoline | $3.37 | $3.46 |
| Tire Balancing | $75.27 | $59.92 |
Detailed Walker Mill Utilities Costs Vs. Maryland
| Item | Walker Mill | Maryland |
|---|---|---|
| All Electricity | $227.7 | $193.99 |
| Phone | $190.71 | $192.25 |
Walker Mill SnackAbility
/10
Cost Of Living In Cities Around Walker Mill
The cost of living varies in the cities and towns around Walker Mill. Here's a quick look at the cost of living in the most populous nearby places:
North Laurel, MD has a cost of living index of 132, 1.1x Walker Mill.
Landover, MD has a cost of living index of 120, 1.0x Walker Mill.
Summerfield, MD has a cost of living index of 123, 1.0x Walker Mill.
| City | Population | Cost Of Living | Vs. Walker Mill |
|---|---|---|---|
| North Laurel, MD | 25,201 | 132 | 1.1x |
| Landover, MD | 24,558 | 120 | 1.0x |
| Summerfield, MD | 15,635 | 123 | 1.0x |
| Kemp Mill, MD | 14,437 | 145 | 1.2x |
| Colesville, MD | 14,075 | 140 | 1.2x |
| Largo, MD | 11,753 | 124 | 1.0x |
| Forestville, MD | 10,839 | 123 | 1.0x |
| Chevy Chase, MD | 9,484 | 257 | 2.2x |
| Coral Hills, MD | 9,372 | 117 | 1.0x |
| South Kensington, MD | 8,057 | 191 | 1.6x |
