North Kensington, MD Cost Of Living
Cost Of Living In North Kensington, MD Summary
Cost of living in North Kensington 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 North Kensington 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 North Kensington is 141, with 100 being the average.
The cost of living index in North Kensington is 1.4x higher than the national average.
North Kensington ranks as the #161 cheapest in Maryland out of 188.
North Kensington ranks as the #5,616 cheapest out of 6,412 in the US.
The median home value in North Kensington is $464,700.
The median income in North Kensington is $117,708.
Table Of Contents
North Kensington's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in North Kensington, MD?
According to the most recent data on the cost of living, North Kensington has an overall cost of living index of 141, which is 1.4x higher than the national index of 100.
Compared to Maryland, North Kensington has a cost of living index that's 1.2x higher than Maryland's index of 120.
The standard of living in North Kensington ranks as #161 most affordable out of the 188 places we measured in Maryland. By definition, that implies North Kensington ranks as the #27 most expensive place in the Old Line State.
For more reading on life in North Kensington, check out:
- Living In North Kensington
- Search Homes For Sale In North Kensington, MD
In Maryland
In America
North Kensington Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in North Kensington. Here is how it fairs on each of the criteria:
The Services index in North Kensington is 115.
The Groceries index in North Kensington is 114.
The Health index in North Kensington is 87.
The Housing index in North Kensington is 203.
The Transportation index in North Kensington is 115.
The Utilities index in North Kensington is 113.
| Living Expense | North Kensington | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 141 | 120 | 100 | |
| Services | 115 | 109 | 100 | |
| Groceries | 114 | 108 | 100 | |
| Health | 87 | 92 | 100 | |
| Housing | 203 | 156 | 100 | |
| Transportation | 115 | 100 | 100 | |
| Utilities | 113 | 108 | 100 | |
North Kensington, 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 North Kensington is $464,700.
The Median Rent in North Kensington is $1,408.
The Median Income in North Kensington is $117,708.
The Home Value To Income in North Kensington is 3.9x.
The Rent To Monthly Income in North Kensington is 0.14x.
| Statistic | North Kensington | Maryland | United States |
|---|---|---|---|
| Median Home Value | $464,700 | $338,500 | $244,900 |
| Median Rent | $1,408 | $1,485 | $1,163 |
| Median Income | $117,708 | $91,431 | $69,021 |
| Home Value To Income | 3.9x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.14x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
North Kensington, MD Costs By Category
Detailed North Kensington Services Costs Vs. Maryland
| Item | North Kensington | Maryland |
|---|---|---|
| Shampoo | $1.43 | $1.06 |
| Movie | $12.5 | $10.68 |
| Bowling | $21.25 | $14.67 |
| Haircut | $31.92 | $18.62 |
| Beauty Salon | $63.67 | $39.05 |
Detailed North Kensington Groceries Costs Vs. Maryland
| Item | North Kensington | Maryland |
|---|---|---|
| Ground Beef | $4.7 | $4.22 |
| Fried Chicken | $1.75 | $1.39 |
| Milk | $2.49 | $2.05 |
| Potatoes | $3.99 | $3.29 |
| Pizza | $11.99 | $10.62 |
| Beer | $10.99 | $9.38 |
| Toothpaste | $2.74 | $2.34 |
Detailed North Kensington Health Costs Vs. Maryland
| Item | North Kensington | Maryland |
|---|---|---|
| Optometrist | $75.0 | $108.57 |
| Doctor | $97.0 | $116.17 |
| Dentist | $87.0 | $99.13 |
Detailed North Kensington Transportation Costs Vs. Maryland
| Item | North Kensington | Maryland |
|---|---|---|
| Gasoline | $2.44 | $2.22 |
| Tire Balancing | $62.0 | $50.07 |
Detailed North Kensington Utilities Costs Vs. Maryland
| Item | North Kensington | Maryland |
|---|---|---|
| All Electricity | $193.98 | $167.67 |
| Phone | $190.63 | $175.64 |
North Kensington SnackAbility
/10
Cost Of Living In Cities Around North Kensington
The cost of living varies in the cities and towns around North Kensington. Here's a quick look at the cost of living in the most populous nearby places:
Wheaton, MD has a cost of living index of 132, 0.9x North Kensington.
North Bethesda, MD has a cost of living index of 159, 1.1x North Kensington.
Olney, MD has a cost of living index of 150, 1.1x North Kensington.
| City | Population | Cost Of Living | Vs. North Kensington |
|---|---|---|---|
| Wheaton, MD | 51,836 | 132 | 0.9x |
| North Bethesda, MD | 50,695 | 159 | 1.1x |
| Olney, MD | 35,815 | 150 | 1.1x |
| Clarksburg, MD | 27,354 | 153 | 1.1x |
| North Potomac, MD | 24,449 | 167 | 1.2x |
| North Laurel, MD | 24,233 | 129 | 0.9x |
| Glenmont, MD | 15,795 | 139 | 1.0x |
| Kemp Mill, MD | 14,509 | 141 | 1.0x |
| Colesville, MD | 14,468 | 140 | 1.0x |
| South Kensington, MD | 8,566 | 181 | 1.3x |
