Wheaton, MD Cost Of Living
Cost Of Living In Wheaton, MD Summary
Cost of living in Wheaton 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 Wheaton 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 Wheaton is 134, with 100 being the average.
The cost of living index in Wheaton is 1.3x higher than the national average.
Wheaton ranks as the #130 cheapest in Maryland out of 194.
Wheaton ranks as the #5,171 cheapest out of 6,489 in the US.
The median home value in Wheaton is $519,455.
The median income in Wheaton is $107,349.
Table Of Contents
Wheaton's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Wheaton, MD?
According to the most recent data on the cost of living, Wheaton has an overall cost of living index of 134, which is 1.3x higher than the national index of 100.
Compared to Maryland, Wheaton has a cost of living index that's 1.1x higher than Maryland's index of 121.
The standard of living in Wheaton ranks as #130 most affordable out of the 194 places we measured in Maryland. By definition, that implies Wheaton ranks as the #64 most expensive place in the Old Line State.
For more reading on life in Wheaton, check out:
In Maryland
In America
Wheaton Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Wheaton. Here is how it fairs on each of the criteria:
The Services index in Wheaton is 108.
The Groceries index in Wheaton is 109.
The Health index in Wheaton is 97.
The Housing index in Wheaton is 205.
The Transportation index in Wheaton is 96.
The Utilities index in Wheaton is 108.
| Living Expense | Wheaton | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 134 | 121 | 100 | |
| Services | 108 | 105 | 100 | |
| Groceries | 109 | 107 | 100 | |
| Health | 97 | 96 | 100 | |
| Housing | 205 | 150 | 100 | |
| Transportation | 96 | 99 | 100 | |
| Utilities | 108 | 113 | 100 | |
Wheaton, 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 Wheaton is $519,455.
The Median Rent in Wheaton is $2,151.
The Median Income in Wheaton is $107,349.
The Home Value To Income in Wheaton is 4.8x.
The Rent To Monthly Income in Wheaton is 0.24x.
Median Home Value
Median Rent
Median Income
Wheaton, MD Costs By Category
Detailed Wheaton Services Costs Vs. Maryland
Detailed Wheaton Groceries Costs Vs. Maryland
Detailed Wheaton Health Costs Vs. Maryland
Detailed Wheaton Transportation Costs Vs. Maryland
Detailed Wheaton Utilities Costs Vs. Maryland
Wheaton SnackAbility
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Cost Of Living In Cities Around Wheaton
The cost of living varies in the cities and towns around Wheaton. Here's a quick look at the cost of living in the most populous nearby places:
Olney, MD has a cost of living index of 153, 1.1x Wheaton.
Ilchester, MD has a cost of living index of 136, 1.0x Wheaton.
North Laurel, MD has a cost of living index of 132, 1.0x Wheaton.
| City | Population | Cost Of Living | Vs. Wheaton |
|---|---|---|---|
| Olney, MD | 36,000 | 153 | 1.1x |
| Ilchester, MD | 27,552 | 136 | 1.0x |
| North Laurel, MD | 25,201 | 132 | 1.0x |
| North Potomac, MD | 23,994 | 172 | 1.3x |
| Glenmont, MD | 16,529 | 138 | 1.0x |
| Kemp Mill, MD | 14,437 | 145 | 1.1x |
| Colesville, MD | 14,075 | 140 | 1.0x |
| North Kensington, MD | 8,980 | 141 | 1.1x |
| South Kensington, MD | 8,057 | 191 | 1.4x |
| Four Corners, MD | 7,785 | 153 | 1.1x |
