Crofton, MD Cost Of Living
Cost Of Living In Crofton, MD Summary
Cost of living in Crofton 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 Crofton 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 Crofton is 140, with 100 being the average.
The cost of living index in Crofton is 1.4x higher than the national average.
Crofton ranks as the #157 cheapest in Maryland out of 188.
Crofton ranks as the #5,578 cheapest out of 6,412 in the US.
The median home value in Crofton is $417,200.
The median income in Crofton is $129,766.
Table Of Contents
Crofton's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Crofton, MD?
According to the most recent data on the cost of living, Crofton has an overall cost of living index of 140, which is 1.4x higher than the national index of 100.
Compared to Maryland, Crofton has a cost of living index that's 1.2x higher than Maryland's index of 120.
The standard of living in Crofton ranks as #157 most affordable out of the 188 places we measured in Maryland. By definition, that implies Crofton ranks as the #31 most expensive place in the Old Line State.
For more reading on life in Crofton, check out:
- Living In Crofton
- Search Homes For Sale In Crofton, MD
In Maryland
In America
Crofton Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Crofton. Here is how it fairs on each of the criteria:
The Services index in Crofton is 124.
The Groceries index in Crofton is 116.
The Health index in Crofton is 91.
The Housing index in Crofton is 198.
The Transportation index in Crofton is 106.
The Utilities index in Crofton is 111.
| Living Expense | Crofton | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 140 | 120 | 100 | |
| Services | 124 | 109 | 100 | |
| Groceries | 116 | 108 | 100 | |
| Health | 91 | 92 | 100 | |
| Housing | 198 | 156 | 100 | |
| Transportation | 106 | 100 | 100 | |
| Utilities | 111 | 108 | 100 | |
Crofton, 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 Crofton is $417,200.
The Median Rent in Crofton is $1,898.
The Median Income in Crofton is $129,766.
The Home Value To Income in Crofton is 3.2x.
The Rent To Monthly Income in Crofton is 0.18x.
| Statistic | Crofton | Maryland | United States |
|---|---|---|---|
| Median Home Value | $417,200 | $338,500 | $244,900 |
| Median Rent | $1,898 | $1,485 | $1,163 |
| Median Income | $129,766 | $91,431 | $69,021 |
| Home Value To Income | 3.2x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Crofton, MD Costs By Category
Detailed Crofton Services Costs Vs. Maryland
Detailed Crofton Groceries Costs Vs. Maryland
Detailed Crofton Health Costs Vs. Maryland
Detailed Crofton Transportation Costs Vs. Maryland
Detailed Crofton Utilities Costs Vs. Maryland
Crofton SnackAbility
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Cost Of Living In Cities Around Crofton
The cost of living varies in the cities and towns around Crofton. Here's a quick look at the cost of living in the most populous nearby places:
Columbia, MD has a cost of living index of 129, 0.9x Crofton.
Bowie, MD has a cost of living index of 134, 1.0x Crofton.
Odenton, MD has a cost of living index of 123, 0.9x Crofton.
| City | Population | Cost Of Living | Vs. Crofton |
|---|---|---|---|
| Columbia, MD | 105,086 | 129 | 0.9x |
| Bowie, MD | 58,113 | 134 | 1.0x |
| Odenton, MD | 43,488 | 123 | 0.9x |
| Ilchester, MD | 27,513 | 133 | 0.9x |
| North Laurel, MD | 24,233 | 129 | 0.9x |
| Parole, MD | 18,488 | 137 | 1.0x |
| Cloverly, MD | 16,473 | 146 | 1.0x |
| Glenn Dale, MD | 15,426 | 140 | 1.0x |
| Kemp Mill, MD | 14,509 | 141 | 1.0x |
| Colesville, MD | 14,468 | 140 | 1.0x |
