Reisterstown, MD Cost Of Living

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

Cost Of Living In Reisterstown, MD Summary

Cost of living in Reisterstown 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 Reisterstown 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 Reisterstown is 112, with 100 being the average.

  • The cost of living index in Reisterstown is 1.1x higher than the national average.

  • Reisterstown ranks as the #43 cheapest in Maryland out of 188.

  • Reisterstown ranks as the #4,296 cheapest out of 6,412 in the US.

  • The median home value in Reisterstown is $269,800.

  • The median income in Reisterstown is $73,040.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
112
Reisterstown's Overall Cost Of Living
1.1x
Higher Than The National Average

What is the cost of living in Reisterstown, MD?

According to the most recent data on the cost of living, Reisterstown has an overall cost of living index of 112, which is 1.1x higher than the national index of 100.

Compared to Maryland, Reisterstown has a cost of living index that's 0.9x lower than Maryland's index of 120.

The standard of living in Reisterstown ranks as #43 most affordable out of the 188 places we measured in Maryland. By definition, that implies Reisterstown ranks as the #145 most expensive place in the Old Line State.

For more reading on life in Reisterstown, check out:

43 out of 188
In Maryland
4,296 out of 6,412
In America

Reisterstown Cost Of Living Vs. Maryland

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

  • The Services index in Reisterstown is 105.

  • The Groceries index in Reisterstown is 115.

  • The Health index in Reisterstown is 84.

  • The Housing index in Reisterstown is 125.

  • The Transportation index in Reisterstown is 99.

  • The Utilities index in Reisterstown is 104.

Living Expense Reisterstown Maryland National Average
Overall 112 120 100
Services 105 109 100
Groceries 115 108 100
Health 84 92 100
Housing 125 156 100
Transportation 99 100 100
Utilities 104 108 100
For more reading on cost of living around Maryland, check out:
Reisterstown Cost of Living Vs. MD

Reisterstown, 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 Reisterstown is $269,800.

  • The Median Rent in Reisterstown is $1,332.

  • The Median Income in Reisterstown is $73,040.

  • The Home Value To Income in Reisterstown is 3.7x.

  • The Rent To Monthly Income in Reisterstown is 0.22x.

Statistic Reisterstown Maryland United States
Median Home Value $269,800 $338,500 $244,900
Median Rent $1,332 $1,485 $1,163
Median Income $73,040 $91,431 $69,021
Home Value To Income 3.7x 3.7x 3.5x
Rent To Monthly Income 0.22x 0.19x 0.2x
Search Homes For Sale In Reisterstown, MD
$269,800
Median Home Value
$1,332
Median Rent
$73,040
Median Income

Reisterstown, MD Costs By Category

Detailed Reisterstown Services Costs Vs. Maryland

Item Reisterstown 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 Reisterstown Groceries Costs Vs. Maryland

Item Reisterstown 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 Reisterstown Health Costs Vs. Maryland

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

Detailed Reisterstown Transportation Costs Vs. Maryland

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

Detailed Reisterstown Utilities Costs Vs. Maryland

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

Reisterstown SnackAbility

6
/10
Overall SnackAbility
Jobs
6/10
Housing
8.5
Affordability
6
Diversity
10
Safety
N/A
Amenities
9.5
Education
8
Commute
4

Cost Of Living In Cities Around Reisterstown

The cost of living varies in the cities and towns around Reisterstown. 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, 1.2x Reisterstown.

  • Randallstown, MD has a cost of living index of 109, 1.0x Reisterstown.

  • Owings Mills, MD has a cost of living index of 115, 1.0x Reisterstown.

City Population Cost Of Living Vs. Reisterstown
Columbia, MD 105,086 129 1.2x
Randallstown, MD 35,641 109 1.0x
Owings Mills, MD 35,170 115 1.0x
Pikesville, MD 33,549 123 1.1x
Milford Mill, MD 30,685 106 0.9x
Eldersburg, MD 30,418 126 1.1x
Perry Hall, MD 29,165 114 1.0x
Ilchester, MD 27,513 133 1.2x
Lochearn, MD 26,995 106 0.9x
Elkridge, MD 24,115 127 1.1x

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