Cost of living in Walkersville 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 Walkersville 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 Walkersville is 123, with 100 being the average.
The cost of living index in Walkersville is 1.2x higher than the national average.
Walkersville ranks as the #76 cheapest in Maryland out of 194.
Walkersville ranks as the #4,598 cheapest out of 6,489 in the US.
The median home value in Walkersville is $465,989.
The median income in Walkersville is $137,218.
According to the most recent data on the cost of living, Walkersville has an overall cost of living index of 123, which is 1.2x higher than the national index of 100.
Compared to Maryland, Walkersville has a cost of living index that's 1.0x higher than Maryland's index of 121.
The standard of living in Walkersville ranks as #76 most affordable out of the 194 places we measured in Maryland. By definition, that implies Walkersville ranks as the #118 most expensive place in the Old Line State.
For more reading on life in Walkersville, check out:
Six factors go into calculating the cost of living index in Walkersville. Here is how it fairs on each of the criteria:
The Services index in Walkersville is 110.
The Groceries index in Walkersville is 107.
The Health index in Walkersville is 98.
The Housing index in Walkersville is 170.
The Transportation index in Walkersville is 95.
The Utilities index in Walkersville is 110.
| Living Expense | Walkersville | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 123 | 121 | 100 | |
| Services | 110 | 105 | 100 | |
| Groceries | 107 | 107 | 100 | |
| Health | 98 | 96 | 100 | |
| Housing | 170 | 150 | 100 | |
| Transportation | 95 | 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 Walkersville is $465,989.
The Median Rent in Walkersville is $1,390.
The Median Income in Walkersville is $137,218.
The Home Value To Income in Walkersville is 3.4x.
The Rent To Monthly Income in Walkersville is 0.12x.
| Statistic | Walkersville | Maryland | United States |
|---|---|---|---|
| Median Home Value | $465,989 | $427,628 | $303,400 |
| Median Rent | $1,390 | $1,662 | $1,348 |
| Median Income | $137,218 | $101,652 | $78,538 |
| Home Value To Income | 3.4x | 4.2x | 3.9x |
| Rent To Monthly Income | 0.12x | 0.2x | 0.21x |
| Item | Walkersville | Maryland |
|---|---|---|
| Shampoo | $1.51 | $1.28 |
| Movie | $15.69 | $12.13 |
| Bowling | $24.83 | $18 |
| Haircut | $26.11 | $24.26 |
| Beauty Salon | $70.08 | $45.56 |
| Item | Walkersville | Maryland |
|---|---|---|
| Ground Beef | $6.24 | $5.84 |
| Fried Chicken | $1.4 | $1.57 |
| Milk | $4.78 | $4.67 |
| Potatoes | $5.49 | $4.93 |
| Pizza | $12.56 | $12.09 |
| Beer | $11.1 | $10.41 |
| Toothpaste | $3.81 | $3.7 |
| Item | Walkersville | Maryland |
|---|---|---|
| Optometrist | $92.0 | $125.68 |
| Doctor | $135.03 | $135.78 |
| Dentist | $117.67 | $113.29 |
| Item | Walkersville | Maryland |
|---|---|---|
| Gasoline | $3.25 | $3.46 |
| Tire Balancing | $59.0 | $59.92 |
| Item | Walkersville | Maryland |
|---|---|---|
| All Electricity | $222.47 | $193.99 |
| Phone | $197.37 | $192.25 |
The cost of living varies in the cities and towns around Walkersville. Here's a quick look at the cost of living in the most populous nearby places:
Frederick, MD has a cost of living index of 120, 1.0x Walkersville.
Clarksburg, MD has a cost of living index of 152, 1.2x Walkersville.
Ballenger Creek, MD has a cost of living index of 123, 1.0x Walkersville.
| City | Population | Cost Of Living | Vs. Walkersville |
|---|---|---|---|
| Frederick, MD | 80,617 | 120 | 1.0x |
| Clarksburg, MD | 29,246 | 152 | 1.2x |
| Ballenger Creek, MD | 25,866 | 123 | 1.0x |
| Damascus, MD | 16,864 | 135 | 1.1x |
| Urbana, MD | 13,897 | 158 | 1.3x |
| Linganore, MD | 13,044 | 140 | 1.1x |
| Mount Airy, MD | 9,746 | 131 | 1.1x |
| Brunswick, MD | 7,994 | 109 | 0.9x |
| Taneytown, MD | 7,295 | 109 | 0.9x |
| Thurmont, MD | 6,439 | 113 | 0.9x |