Parole, MD Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Parole, MD Summary

Cost of living in Parole 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 Parole 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 Parole is 137, with 100 being the average.

  • The cost of living index in Parole is 1.4x higher than the national average.

  • Parole ranks as the #150 cheapest in Maryland out of 188.

  • Parole ranks as the #5,488 cheapest out of 6,412 in the US.

  • The median home value in Parole is $448,700.

  • The median income in Parole is $111,995.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
137
Parole's Overall Cost Of Living
1.4x
Higher Than The National Average

What is the cost of living in Parole, MD?

According to the most recent data on the cost of living, Parole has an overall cost of living index of 137, which is 1.4x higher than the national index of 100.

Compared to Maryland, Parole has a cost of living index that's 1.1x higher than Maryland's index of 120.

The standard of living in Parole ranks as #150 most affordable out of the 188 places we measured in Maryland. By definition, that implies Parole ranks as the #38 most expensive place in the Old Line State.

For more reading on life in Parole, check out:

150 out of 188
In Maryland
5,488 out of 6,412
In America

Parole Cost Of Living Vs. Maryland

Six factors go into calculating the cost of living index in Parole. Here is how it fairs on each of the criteria:

  • The Services index in Parole is 107.

  • The Groceries index in Parole is 112.

  • The Health index in Parole is 84.

  • The Housing index in Parole is 208.

  • The Transportation index in Parole is 102.

  • The Utilities index in Parole is 105.

Living Expense Parole Maryland National Average
Overall 137 120 100
Services 107 109 100
Groceries 112 108 100
Health 84 92 100
Housing 208 156 100
Transportation 102 100 100
Utilities 105 108 100
For more reading on cost of living around Maryland, check out:
Parole Cost of Living Vs. MD

Parole, 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 Parole is $448,700.

  • The Median Rent in Parole is $1,907.

  • The Median Income in Parole is $111,995.

  • The Home Value To Income in Parole is 4.0x.

  • The Rent To Monthly Income in Parole is 0.2x.

Statistic Parole Maryland United States
Median Home Value $448,700 $338,500 $244,900
Median Rent $1,907 $1,485 $1,163
Median Income $111,995 $91,431 $69,021
Home Value To Income 4.0x 3.7x 3.5x
Rent To Monthly Income 0.2x 0.19x 0.2x
Search Homes For Sale In Parole, MD
$448,700
Median Home Value
$1,907
Median Rent
$111,995
Median Income

Parole, MD Costs By Category

Detailed Parole Services Costs Vs. Maryland

Item Parole Maryland
Shampoo $1.0 $1.06
Movie $13.19 $10.68
Bowling $17.08 $14.67
Haircut $22.28 $18.62
Beauty Salon $52.83 $39.05

Detailed Parole Groceries Costs Vs. Maryland

Item Parole Maryland
Ground Beef $4.27 $4.22
Fried Chicken $1.66 $1.39
Milk $2.39 $2.05
Potatoes $4.1 $3.29
Pizza $11.99 $10.62
Beer $9.19 $9.38
Toothpaste $4.47 $2.34

Detailed Parole Health Costs Vs. Maryland

Item Parole Maryland
Optometrist $82.95 $108.57
Doctor $93.69 $116.17
Dentist $84.98 $99.13

Detailed Parole Transportation Costs Vs. Maryland

Item Parole Maryland
Gasoline $2.15 $2.22
Tire Balancing $54.77 $50.07

Detailed Parole Utilities Costs Vs. Maryland

Item Parole Maryland
All Electricity $176.72 $167.67
Phone $192.13 $175.64

Parole SnackAbility

6
/10
Overall SnackAbility
Jobs
9/10
Housing
9.5
Affordability
6
Diversity
6
Safety
N/A
Amenities
8.5
Education
9.5
Commute
4

Cost Of Living In Cities Around Parole

The cost of living varies in the cities and towns around Parole. Here's a quick look at the cost of living in the most populous nearby places:

  • Bowie, MD has a cost of living index of 134, 1.0x Parole.

  • Annapolis, MD has a cost of living index of 129, 0.9x Parole.

  • Severna Park, MD has a cost of living index of 146, 1.1x Parole.

City Population Cost Of Living Vs. Parole
Bowie, MD 58,113 134 1.0x
Annapolis, MD 40,581 129 0.9x
Severna Park, MD 39,108 146 1.1x
Crofton, MD 29,812 140 1.0x
Ilchester, MD 27,513 133 1.0x
Arnold, MD 25,056 134 1.0x
North Laurel, MD 24,233 129 0.9x
Elkridge, MD 24,115 127 0.9x
Annapolis Neck, MD 13,059 153 1.1x
Edgewater, MD 9,075 133 1.0x

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