Bel Air North, MD Cost Of Living
Cost Of Living In Bel Air North, MD Summary
Cost of living in Bel Air North 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 Bel Air North 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 Bel Air North is 124, with 100 being the average.
The cost of living index in Bel Air North is 1.2x higher than the national average.
Bel Air North ranks as the #105 cheapest in Maryland out of 188.
Bel Air North ranks as the #4,999 cheapest out of 6,412 in the US.
The median home value in Bel Air North is $371,800.
The median income in Bel Air North is $126,202.
Table Of Contents
Bel Air North's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Bel Air North, MD?
According to the most recent data on the cost of living, Bel Air North has an overall cost of living index of 124, which is 1.2x higher than the national index of 100.
Compared to Maryland, Bel Air North has a cost of living index that's 1.0x higher than Maryland's index of 120.
The standard of living in Bel Air North ranks as #105 most affordable out of the 188 places we measured in Maryland. By definition, that implies Bel Air North ranks as the #83 most expensive place in the Old Line State.
For more reading on life in Bel Air North, check out:
- Living In Bel Air North
- Search Homes For Sale In Bel Air North, MD
In Maryland
In America
Bel Air North Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Bel Air North. Here is how it fairs on each of the criteria:
The Services index in Bel Air North is 107.
The Groceries index in Bel Air North is 115.
The Health index in Bel Air North is 85.
The Housing index in Bel Air North is 165.
The Transportation index in Bel Air North is 101.
The Utilities index in Bel Air North is 105.
| Living Expense | Bel Air North | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 124 | 120 | 100 | |
| Services | 107 | 109 | 100 | |
| Groceries | 115 | 108 | 100 | |
| Health | 85 | 92 | 100 | |
| Housing | 165 | 156 | 100 | |
| Transportation | 101 | 100 | 100 | |
| Utilities | 105 | 108 | 100 | |
Bel Air North, 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 Bel Air North is $371,800.
The Median Rent in Bel Air North is $1,556.
The Median Income in Bel Air North is $126,202.
The Home Value To Income in Bel Air North is 2.9x.
The Rent To Monthly Income in Bel Air North is 0.15x.
| Statistic | Bel Air North | Maryland | United States |
|---|---|---|---|
| Median Home Value | $371,800 | $338,500 | $244,900 |
| Median Rent | $1,556 | $1,485 | $1,163 |
| Median Income | $126,202 | $91,431 | $69,021 |
| Home Value To Income | 2.9x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.15x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Bel Air North, MD Costs By Category
Detailed Bel Air North Services Costs Vs. Maryland
| Item | Bel Air North | Maryland |
|---|---|---|
| Shampoo | $1.0 | $1.06 |
| Movie | $13.19 | $10.68 |
| Bowling | $17.08 | $14.67 |
| Haircut | $22.28 | $18.62 |
| Beauty Salon | $52.83 | $39.05 |
Detailed Bel Air North Groceries Costs Vs. Maryland
| Item | Bel Air North | Maryland |
|---|---|---|
| Ground Beef | $4.27 | $4.22 |
| Fried Chicken | $1.66 | $1.39 |
| Milk | $2.39 | $2.05 |
| Potatoes | $4.1 | $3.29 |
| Pizza | $11.99 | $10.62 |
| Beer | $9.19 | $9.38 |
| Toothpaste | $4.47 | $2.34 |
Detailed Bel Air North Health Costs Vs. Maryland
| Item | Bel Air North | Maryland |
|---|---|---|
| Optometrist | $82.95 | $108.57 |
| Doctor | $93.69 | $116.17 |
| Dentist | $84.98 | $99.13 |
Detailed Bel Air North Transportation Costs Vs. Maryland
| Item | Bel Air North | Maryland |
|---|---|---|
| Gasoline | $2.15 | $2.22 |
| Tire Balancing | $54.77 | $50.07 |
Detailed Bel Air North Utilities Costs Vs. Maryland
| Item | Bel Air North | Maryland |
|---|---|---|
| All Electricity | $176.72 | $167.67 |
| Phone | $192.13 | $175.64 |
Bel Air North SnackAbility
/10
Cost Of Living In Cities Around Bel Air North
The cost of living varies in the cities and towns around Bel Air North. Here's a quick look at the cost of living in the most populous nearby places:
Bel Air South, MD has a cost of living index of 115, 0.9x Bel Air North.
Perry Hall, MD has a cost of living index of 114, 0.9x Bel Air North.
Edgewood, MD has a cost of living index of 103, 0.8x Bel Air North.
| City | Population | Cost Of Living | Vs. Bel Air North |
|---|---|---|---|
| Bel Air South, MD | 56,928 | 115 | 0.9x |
| Perry Hall, MD | 29,165 | 114 | 0.9x |
| Edgewood, MD | 25,004 | 103 | 0.8x |
| Joppatowne, MD | 12,992 | 114 | 0.9x |
| Mays Chapel, MD | 12,428 | 130 | 1.0x |
| Timonium, MD | 11,136 | 133 | 1.1x |
| Fallston, MD | 9,696 | 128 | 1.0x |
| Lutherville, MD | 6,755 | 122 | 1.0x |
| Riverside, MD | 6,193 | 110 | 0.9x |
