F
37%
Overall NAT. AVG.
9%
Goods & Services NAT. AVG.
110%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Burtonsville Maryland National
Cost of living137119100
Goods & Services109106100
Groceries108106100
Health care9797100
Housing210150100
Transportation9598100
Utilities110111100

An Overview of Cost of Living in Burtonsville, MD

Knowing the cost of living in Burtonsville allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Burtonsville stands at 137, marking it 37% higher than the national average.

The cost of living in Burtonsville is among the highest in the country, making it a very expensive place to live. Only a small fraction of regions boast a cost of living that is at least 20% higher than the national average, and regrettably, Burtonsville falls into this category, which may not be suitable for those seeking an economically favorable living environment.

Housing costs are a very significant part of the Burtonsville cost of living index and generally encompass a large percentage of take-home income. Unfortunately, in this area, the housing costs for both homes and rentals were 110.1% more than the average city. This includes things like home and rent prices, mortgage rates and insurance.

Is Burtonsville Affordable?

Wondering if Burtonsville is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Burtonsville, for example, the median home price is 114.5% higher than what folks pay nationally, and monthly rent is 99.8% higher than the usual rates. Plus, income levels matter too, with Burtonsville boasting a median household income of $122,541, which is 121.5% higher than the national average.

What Factors can Influence the Cost of Living in Burtonsville?

Utilities: Similar to the prices of any goods or services, utility expenses can fluctuate widely, contingent on variables such as climate, available energy sources, geographical location and state regulations. Costs associated with electricity, water, heating, and waste disposal can differ in magnitude, depending on the specific city or state. In Burtonsville, the utilities index registers at 10.2% higher than the national average.

Housing: Elevated demand for housing within coveted locales has the propensity to escalate both property values and rental rates, thereby serving as a primary catalyst for an augmented cost of living. Conversely, areas witnessing diminished housing demand, particularly within less desirable environs, often experience an inversely proportional effect, leading to price reductions and subsequently contributing to a more modest cost of living. In Burtonsville, the housing index is 110.1% higher than the national average.

Healthcare: Healthcare expenses and insurance premiums can vary significantly depending on the specific city or state. Factors such as accessibility to healthcare facilities, out-of-pocket expenses for doctor's visits, dental care expenses, prescription costs and specialized medical care fees can all influence the overall cost of living. In Burtonsville, healthcare costs are 2.8% lower than the national average.

Where is the Data From?

The Burtonsville cost of living data displayed above is derived from the C2ER cost of living index to provide a useful and reasonably accurate measure of living cost differences in urban areas. Published on a quarterly basis, it compiles data from more than 300 independent researchers, encompassing over 60 goods and services. These items have been meticulously selected to represent various consumer expenditure categories, in 6 categories. Weightings assigned to cost differentials draw from government survey data tracking spending patterns among professional and executive households. While the C2ER index excludes data on sales or income tax rates, AreaVibes incorporates tax rates into the overall cost of living score for each region.

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Cost Of Living Quick Facts

  • The cost of living in Burtonsville is 16% higher than the Maryland average
  • The cost of living in Burtonsville is 37% higher than the national average
  • Burtonsville housing is 110% higher than the national average
  • Maryland general sales tax is 18% higher than the national average
  • Maryland state income tax is 23% lower than the national average

Most Affordable Places to Live in and Around Burtonsville

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Compare Burtonsville, MD Cost of Living

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      Salary Calculator

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      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$132,852$11,071$3,100$3,986
      Renters$98,274$8,190$2,293$2,949
      To approximate the cost of living and the housing affordability in Burtonsville, MD, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Burtonsville have a median income of $132,852. Therefore, the amount that a consumer should spend on housing costs should be no more than $3,100 per month to avoid calamity and poverty. The renters in the city have an income of about $98,274, which would make their monthly maximum allowable rental costs $2,293.

      Maryland Sales Tax

      State General Sales Tax With Max Surtax
      Maryland 6% 6%

      Maryland Income Tax

      State Income Tax (Low) Income Tax (High)
      Maryland 2% 5.75%

      Goods & Services

      Item Burtonsville National avg. Difference
      Haircut $26.11$24.267.6%
      Beauty Salon $70.08$45.5653.8%
      Toothpaste $3.81$3.702.8%
      Shampoo $1.51$1.2817.9%
      Movie $15.69$12.1329.3%
      Bowling $24.83$18.0038.0%

      Groceries

      Item Burtonsville National avg. Difference
      Ground Beef $6.24$5.846.9%
      Fried Chicken $1.40$1.5711.0%
      Milk $4.78$4.672.2%
      Potatoes $5.49$4.9311.3%
      Pizza $12.56$12.093.9%
      Beer $11.10$10.416.6%

      Health Care

      Item Burtonsville National avg. Difference
      Optometrist $92.00$125.6826.8%
      Doctor $135.03$135.780.5%
      Dentist $117.67$113.293.9%
      Ibuprofen $11.52$10.658.1%
      Lipitor $403.79$468.6013.8%

      Housing

      Item Burtonsville National avg. Difference
      Home Price $396,100.00$184,700.00114.5%
      Avg. Mortgage Payment $4,819.29$2,346.69105.4%
      Apartment Rent $1,896.00$949.0099.8%

      Transportation

      Item Burtonsville National avg. Difference
      Gasoline $3.25$3.466.0%
      Tire Balancing $59.00$59.921.5%

      Utilities

      Item Burtonsville National avg. Difference
      All Electricity $222.47$193.9914.7%
      Phone $197.37$192.252.7%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Lansdowne, MD8,6351022.4%
      Cottage City, MD1,1501088.4%
      Woodlawn CDP (Prince George's County), MD7,8731077.4%
      Woodlawn, MD41,50511010.4%
      Arbutus, MD19,26711110.7%
      Burtonsville, MD10,81213737.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Totowa, NJ10,81012929.3%
      Saint-Raymond, QC10,809n/a 
      Rockport, TX10,8151000.2%
      La Tuque, QC10,815n/a 
      Yazoo City, MS10,8067920.7%
      Burtonsville, MD10,81213737.4%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.