College Park, MD Cost Of Living

Demographics | Cost Of Living | Photos
Updated: 2020-03-08
College Park's Overall Cost Of Living
Higher Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means College Park is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in College Park, MD?

According to the most recent data on the cost of living, College Park has an overall cost of living index of 126 which is 1.3x higher than the national index of 100.

Compared to only Maryland, College Park has a cost of living index that's 1.0x higher than Maryland's index of 121.

The standard of living in College Park ranks as #5091 most affordable out of the 6522 places we measured in Maryland. By definition, that implies College Park ranks as the #1315 most expensive place in the Old Line State.

For more reading on life in College Park, check out:

College Park Cost Of Living Vs. Maryland

Living Expense College Park Maryland National Average
Overall 126 121 100
Services 122 108 100
Groceries 116 119 100
Health 93 86 100
Housing 150 150 100
Transportation 108 108 100
Utilities 116 108 100
For more reading on cost of living around Maryland, check out:
College Park Cost of Living Vs. MD

College Park, MD Housing Cost Breakdown

Housing swings affordability the most between places in Maryland, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic College Park Maryland United States
Median Home Value $309,300 $305,500 $204,900
Median Rent $1,547 $1,357 $1,023
Median Income $67,081 $81,868 $60,293
Home Value To Income 4.6x 3.7x 3.4x
Rent To Monthly Income 0.28x 0.2x 0.2x

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Cost Of Living In Cities Around College Park

City Population Cost Of Living Vs. College Park
Chillum, MD 35,798 120 1.0x
Olney, MD 35,280 149 1.2x
Ilchester, MD 26,647 132 1.0x
North Laurel, MD 24,621 128 1.0x
North Potomac, MD 24,148 169 1.3x
Greenbelt, MD 23,203 116 0.9x
Langley Park, MD 19,278 119 0.9x
Hyattsville, MD 18,209 123 1.0x
Adelphi, MD 15,751 123 1.0x
East Riverdale, MD 15,467 117 0.9x

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