F
22%
Overall NAT. AVG.
3%
Goods & Services NAT. AVG.
66%
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 Linthicum Maryland National
Cost of living122119100
Goods & Services103106100
Groceries105106100
Health care9897100
Housing166150100
Transportation10198100
Utilities111111100

An Overview of Cost of Living in Linthicum, MD

Are you thinking about relocating, but curious about the potential cost of living in Linthicum? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Linthicum stands at 122, making it 22% higher than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.

If affordability is among your top priorities when searching for a new place to live, this area may not be the ideal fit, as the cost of living in Linthicum is among the most expensive in the United States. Just a minority of areas exhibit a cost of living at least 20% higher than the national average, and unfortunately, Linthicum falls into this category, which may not align with your goal of finding a budget-friendly living environment.

Housing costs make up a big chunk of the cost of living in Linthicum, and they usually eat into a large part of your take-home pay. Unfortunately, in this area, both buying a home and renting one costs 65.6% more than the average city. This includes stuff like home prices, rent, mortgage rates, and insurance.

Is Linthicum Affordable?

Is Linthicum an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Linthicum is 67.7% higher than the national average, while the average monthly rent prices are 60.7% higher than average. The affordability of any location can also be influenced by median income levels. Linthicum has a median household income of $93,237, which is 68.5% higher than the national average.

What Factors can Influence the Cost of Living in Linthicum?

Urbanization: Larger, urban centers, known for their wealth of amenities and strong employment prospects, often exhibit an elevated cost of living, primarily attributable to the heightened demand for services and residential relocation. Consequently, this scenario leads to elevated home prices and higher rental rates. In contrast, sparsely populated rural areas or regions characterized by diminished demand typically provide a more limited array of amenities and experience slower job market growth, resulting in a more affordable cost of living.

Housing: High demand for housing in desirable locations can drive up property prices and rental rates. This can be a primary contributor to a higher cost of living. While low demand for housing, especially in undesirable locations, can have the reverse effect and drive prices down, resulting in a lower cost of living. The housing index in Linthicum, is 65.6% higher than the national average.

Healthcare: The costs associated with healthcare and insurance premiums can exhibit notable disparities based on the city or state of residence. Access to healthcare facilities, out-of-pocket expenses for medical appointments, dental care charges, prescription medication costs and specialized medical care expenses all contribute to variations in the cost of living. In Linthicum, healthcare costs are 2.5% lower than the national average.

Where is the Data From?

The cost of living data in Linthicum displayed above is sourced from the C2ER cost of living index, which serves as a practical tool for comparing living expenses across urban areas. Published on a quarterly basis, this index aggregates data from over 300 independent researchers, encompassing more than 60 goods and services, in 6 different categories. The weightings assigned to cost differences rely on government survey data that tracks the spending habits of professional and executive households. It's worth noting that the C2ER index excludes data on sales or income tax rates, while AreaVibes integrates tax rates into the overall cost of living evaluation for each region.

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Cost Of Living Quick Facts

  • The cost of living in Linthicum is 3% higher than the Maryland average
  • The cost of living in Linthicum is 22% higher than the national average
  • Linthicum housing is 66% 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 Linthicum

See all the best places to live around Linthicum

Compare Linthicum, MD Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      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$97,945$8,162$2,285$2,939
      Renters$74,488$6,207$1,738$2,235
      The affordability of the housing market in Linthicum, MD as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Linthicum homeowners, the median income is $97,945. This indicates that a monthly maximum of $2,285 should be spent by homeowners on all housing related costs. Renters have a median income of $74,488. This indicates that renters would have a maximum of $1,738 for their rent related monthly costs.

      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 Linthicum National avg. Difference
      Haircut $28.33$24.2616.8%
      Beauty Salon $58.17$45.5627.7%
      Toothpaste $3.69$3.700.3%
      Shampoo $1.44$1.2812.7%
      Movie $13.69$12.1312.9%
      Bowling $23.03$18.0027.9%

      Groceries

      Item Linthicum National avg. Difference
      Ground Beef $6.23$5.846.7%
      Fried Chicken $1.39$1.5711.4%
      Milk $4.73$4.671.2%
      Potatoes $5.46$4.9310.7%
      Pizza $13.24$12.099.5%
      Beer $10.36$10.410.5%

      Health Care

      Item Linthicum National avg. Difference
      Optometrist $114.22$125.689.1%
      Doctor $133.22$135.781.9%
      Dentist $117.22$113.293.5%
      Ibuprofen $11.10$10.654.2%
      Lipitor $401.39$468.6014.3%

      Housing

      Item Linthicum National avg. Difference
      Home Price $309,700.00$184,700.0067.7%
      Avg. Mortgage Payment $1,906.29$2,346.6918.8%
      Apartment Rent $1,525.00$949.0060.7%

      Transportation

      Item Linthicum National avg. Difference
      Gasoline $3.46$3.460.1%
      Tire Balancing $62.66$59.924.6%

      Utilities

      Item Linthicum National avg. Difference
      All Electricity $223.91$193.9915.4%
      Phone $199.62$192.253.8%
      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.
      Dundalk, MD63,8261021.7%
      Baltimore, MD602,2741022.1%
      Lansdowne, MD8,6351022.4%
      Essex, MD39,3071055.5%
      Baltimore Highlands, MD7,8801077.1%
      Linthicum, MD10,11612222.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Saint-Hippolyte, QC10,115n/a 
      Rotonda, FL10,11711010.0%
      Orange Cove, CA10,1201066.5%
      Meadowbrook, AL10,11011313.0%
      Highland, IL10,122909.6%
      Linthicum, MD10,11612222.4%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.