Cost of Living in Colesville, MD
Population 14,075 · Maryland · Data vintage 2023
(100 = US avg)
Home prices in Colesville run well above the national baseline, with a median of $594,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $131,022 place the city among the better-paid Maryland metros. The labor market has been unusually tight, with unemployment around 2.8% — below most comparable cities in the state.
Colesville sits roughly 12 miles southwest of Columbia — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 24% higher than Columbia's $480,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Colesville
The median home value in Colesville is $593,900 — 95% above the national median of $305,000. Median rent runs $1,906/month, 45% higher than the national median of $1,314/month. The median household income of $131,022/year is 76% higher than the US median of $74,580. The local unemployment rate is 2.8%, below the national average of 4.8%. Maryland's top state income tax rate is 5.8% and the combined sales tax is 6.0%. Overall, Colesville has a cost of living index of 175 versus the US average of 100, meaning it is 75% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Colesville, MD?
Colesville has a cost index of 175 (100 = national average). It is 75% above the national average.
What is average rent in Colesville, MD?
The median gross rent in Colesville is $1,906 per month based on 2023 Census data.
What is the average home price in Colesville?
The median home value in Colesville is $593,900 according to Zillow and Census data.
What is the median income in Colesville?
The median household income in Colesville is $131,022 per year (2023 ACS 5-year estimates).
What is the sales tax in Colesville, MD?
The combined state and local sales tax rate in Colesville is 6.0%. The Maryland state income tax top rate is 5.8%.
Is Colesville, MD affordable?
Colesville is above average in cost of living, with an index of 175 — about 75% higher than the national average.
Colesville at a Glance
- Population
- 14,075
- Median Income
- $131,022
- Home Value
- $593,900
- Median Rent
- $1,906/mo
- Unemployment
- 2.8%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Maryland Rankings
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