Ocean Pines, MD Cost Of Living
Cost Of Living In Ocean Pines, MD Summary
Cost of living in Ocean Pines 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 Ocean Pines 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 Ocean Pines is 119, with 100 being the average.
The cost of living index in Ocean Pines is 1.2x higher than the national average.
Ocean Pines ranks as the #76 cheapest in Maryland out of 188.
Ocean Pines ranks as the #4,736 cheapest out of 6,412 in the US.
The median home value in Ocean Pines is $278,000.
The median income in Ocean Pines is $80,859.
Table Of Contents
Ocean Pines's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Ocean Pines, MD?
According to the most recent data on the cost of living, Ocean Pines has an overall cost of living index of 119, which is 1.2x higher than the national index of 100.
Compared to Maryland, Ocean Pines has a cost of living index that's 1.0x lower than Maryland's index of 120.
The standard of living in Ocean Pines ranks as #76 most affordable out of the 188 places we measured in Maryland. By definition, that implies Ocean Pines ranks as the #112 most expensive place in the Old Line State.
For more reading on life in Ocean Pines, check out:
- Living In Ocean Pines
- Ocean Pines Crime Report
- Search Homes For Sale In Ocean Pines, MD
In Maryland
In America
Ocean Pines Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Ocean Pines. Here is how it fairs on each of the criteria:
The Services index in Ocean Pines is 109.
The Groceries index in Ocean Pines is 116.
The Health index in Ocean Pines is 98.
The Housing index in Ocean Pines is 146.
The Transportation index in Ocean Pines is 106.
The Utilities index in Ocean Pines is 96.
| Living Expense | Ocean Pines | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 119 | 120 | 100 | |
| Services | 109 | 109 | 100 | |
| Groceries | 116 | 108 | 100 | |
| Health | 98 | 92 | 100 | |
| Housing | 146 | 156 | 100 | |
| Transportation | 106 | 100 | 100 | |
| Utilities | 96 | 108 | 100 | |
Ocean Pines, 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 Ocean Pines is $278,000.
The Median Rent in Ocean Pines is $1,670.
The Median Income in Ocean Pines is $80,859.
The Home Value To Income in Ocean Pines is 3.4x.
The Rent To Monthly Income in Ocean Pines is 0.25x.
| Statistic | Ocean Pines | Maryland | United States |
|---|---|---|---|
| Median Home Value | $278,000 | $338,500 | $244,900 |
| Median Rent | $1,670 | $1,485 | $1,163 |
| Median Income | $80,859 | $91,431 | $69,021 |
| Home Value To Income | 3.4x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.25x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Ocean Pines, MD Costs By Category
Detailed Ocean Pines Services Costs Vs. Maryland
| Item | Ocean Pines | Maryland |
|---|---|---|
| Shampoo | $1.36 | $1.06 |
| Movie | $11.99 | $10.68 |
| Bowling | $17.57 | $14.67 |
| Haircut | $18.46 | $18.62 |
| Beauty Salon | $35.16 | $39.05 |
Detailed Ocean Pines Groceries Costs Vs. Maryland
| Item | Ocean Pines | Maryland |
|---|---|---|
| Ground Beef | $5.01 | $4.22 |
| Fried Chicken | $1.65 | $1.39 |
| Milk | $2.34 | $2.05 |
| Potatoes | $4.21 | $3.29 |
| Pizza | $11.02 | $10.62 |
| Beer | $8.84 | $9.38 |
| Toothpaste | $2.89 | $2.34 |
Detailed Ocean Pines Health Costs Vs. Maryland
| Item | Ocean Pines | Maryland |
|---|---|---|
| Optometrist | $111.0 | $108.57 |
| Doctor | $109.33 | $116.17 |
| Dentist | $95.0 | $99.13 |
Detailed Ocean Pines Transportation Costs Vs. Maryland
| Item | Ocean Pines | Maryland |
|---|---|---|
| Gasoline | $2.09 | $2.22 |
| Tire Balancing | $64.0 | $50.07 |
Detailed Ocean Pines Utilities Costs Vs. Maryland
| Item | Ocean Pines | Maryland |
|---|---|---|
| All Electricity | $161.4 | $167.67 |
| Phone | $176.59 | $175.64 |
Ocean Pines SnackAbility
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