Dundalk, MD Cost Of Living
Cost Of Living In Dundalk, MD Summary
Cost of living in Dundalk 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 Dundalk 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 Dundalk is 98, with 100 being the average.
The cost of living index in Dundalk is 1.0x lower than the national average.
Dundalk ranks as the #6 cheapest in Maryland out of 188.
Dundalk ranks as the #2,890 cheapest out of 6,412 in the US.
The median home value in Dundalk is $160,200.
The median income in Dundalk is $58,203.
Table Of Contents
Dundalk's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Dundalk, MD?
According to the most recent data on the cost of living, Dundalk has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Maryland, Dundalk has a cost of living index that's 0.8x lower than Maryland's index of 120.
The standard of living in Dundalk ranks as #6 most affordable out of the 188 places we measured in Maryland. By definition, that implies Dundalk ranks as the #182 most expensive place in the Old Line State.
For more reading on life in Dundalk, check out:
- Living In Dundalk
- Search Homes For Sale In Dundalk, MD
In Maryland
In America
Dundalk Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Dundalk. Here is how it fairs on each of the criteria:
The Services index in Dundalk is 103.
The Groceries index in Dundalk is 113.
The Health index in Dundalk is 82.
The Housing index in Dundalk is 87.
The Transportation index in Dundalk is 101.
The Utilities index in Dundalk is 107.
| Living Expense | Dundalk | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 98 | 120 | 100 | |
| Services | 103 | 109 | 100 | |
| Groceries | 113 | 108 | 100 | |
| Health | 82 | 92 | 100 | |
| Housing | 87 | 156 | 100 | |
| Transportation | 101 | 100 | 100 | |
| Utilities | 107 | 108 | 100 | |
Dundalk, 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 Dundalk is $160,200.
The Median Rent in Dundalk is $1,226.
The Median Income in Dundalk is $58,203.
The Home Value To Income in Dundalk is 2.8x.
The Rent To Monthly Income in Dundalk is 0.25x.
| Statistic | Dundalk | Maryland | United States |
|---|---|---|---|
| Median Home Value | $160,200 | $338,500 | $244,900 |
| Median Rent | $1,226 | $1,485 | $1,163 |
| Median Income | $58,203 | $91,431 | $69,021 |
| Home Value To Income | 2.8x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.25x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Dundalk, MD Costs By Category
Detailed Dundalk Services Costs Vs. Maryland
Detailed Dundalk Groceries Costs Vs. Maryland
Detailed Dundalk Health Costs Vs. Maryland
Detailed Dundalk Transportation Costs Vs. Maryland
Detailed Dundalk Utilities Costs Vs. Maryland
Dundalk SnackAbility
/10
Cost Of Living In Cities Around Dundalk
The cost of living varies in the cities and towns around Dundalk. Here's a quick look at the cost of living in the most populous nearby places:
Baltimore, MD has a cost of living index of 101, 1.0x Dundalk.
Columbia, MD has a cost of living index of 129, 1.3x Dundalk.
Bel Air South, MD has a cost of living index of 115, 1.2x Dundalk.
| City | Population | Cost Of Living | Vs. Dundalk |
|---|---|---|---|
| Baltimore, MD | 592,211 | 101 | 1.0x |
| Columbia, MD | 105,086 | 129 | 1.3x |
| Bel Air South, MD | 56,928 | 115 | 1.2x |
| Essex, MD | 40,710 | 103 | 1.1x |
| Severna Park, MD | 39,108 | 146 | 1.5x |
| Middle River, MD | 30,606 | 101 | 1.0x |
| Ilchester, MD | 27,513 | 133 | 1.4x |
| Arnold, MD | 25,056 | 134 | 1.4x |
| Elkridge, MD | 24,115 | 127 | 1.3x |
| Rosedale, MD | 20,296 | 105 | 1.1x |
