| Index | Odenton | Maryland | National |
| Cost of living | 133 | 121 | 100 |
| Groceries | 103 | 105 | 100 |
| Health care | 109 | 109 | 100 |
| Housing | 192 | 151 | 100 |
| Transportation | 109 | 109 | 100 |
| Utilities | 107 | 108 | 100 |
| Lifestyle & Entertainment | 111 | 109 | 100 |
| Household Items | 106 | 105 | 100 |
| Education & Childcare | 112 | 112 | 100 |
Getting a feel for the cost of living in Odenton is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Odenton is 133, which is 33% higher than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.
If you value affordability in your search for a new place to live, Odenton may not be the most suitable option, as it stands out as one of the priciest areas in the entire United States. Only a small fraction of regions have a cost of living that is more than 20% higher than the national average, and regrettably, Odenton falls into this category, which may not align with your desire for an affordable place to call home.
Housing costs are a very significant part of the Odenton 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 92.4% more than the average city. This includes things like home and rent prices, mortgage rates and insurance.
Wondering if Odenton 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 Odenton, for example, the median home price is 90.7% higher than what folks pay nationally, and monthly rent is 96.3% higher than the usual rates. Plus, income levels matter too, with Odenton boasting a median household income of $155,857, which is 91.6% 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 Odenton, healthcare costs are 9.2% higher than the national average.
Transportation: When public transportation options are limited or non-existent, residents frequently resort to vehicle ownership, which can significantly contribute to the overall cost of living. Monthly financial obligations encompass fuel, insurance, regular maintenance and potentially lease or financing expenses. In Odenton, the transportation index is 9.3% higher than the national average.
Subsidies: Certain cities or states may implement government subsidies or assistance programs with the goal of alleviating the cost of living pressures on their residents. These programs encompass a broad spectrum of support mechanisms, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farming subsidies. Areas offering fewer subsidies may experience a rise in their cost of living.
The Odenton cost of living estimates above use a normalized U.S. average of 100 as the baseline for comparison. Housing values incorporate local home price and rental information from the U.S. Census, while all other estimates are AI-assisted and modeled using expected everyday expenses, local market trends, climate, and transportation-related cost pressures. The results are intended for practical city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $179,163 | $14,930 | $4,180 | $5,375 |
| Renters | $105,581 | $8,798 | $2,463 | $3,168 |
| State | General Sales Tax | With Max Surtax |
| Maryland | 6% | 6% |
| State | Income Tax (Low) | Income Tax (High) |
| Maryland | 2% | 5.75% |
| City | Population | Cost of Living Index | National Avg. |
| Dundalk, MD | 65,241 | 106 | 5.9% |
| Lansdowne, MD | 8,964 | 104 | 4.0% |
| Cottage City, MD | 1,193 | 105 | 5.5% |
| Brooklyn Park, MD | 15,648 | 113 | 13.3% |
| Seat Pleasant, MD | 4,929 | 132 | 32.1% |
| Odenton, MD | 43,210 | 133 | 32.9% |
| City | Population | Cost of Living Index | National Avg. |
| Pine Bluff, AR | 43,193 | 82 | 18.3% |
| Beverly, MA | 43,236 | 146 | 45.6% |
| Rouyn-Noranda, QC | 43,276 | n/a | |
| Oakley, CA | 43,283 | 151 | 50.6% |
| Annandale, VA | 43,136 | 145 | 44.8% |
| Odenton, MD | 43,210 | 133 | 32.9% |
Here are the best places to live in Maryland
Safest Cities In The US
These are the 10 cheapest cities in Maryland
See the best places to live in Odenton