Cost of Living in Elkridge, MD
Population 26,183 · Maryland · Data vintage 2023
(100 = US avg)
The Elkridge cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $438,000, rents near $2,206 a month.
Located 6 miles east of Columbia, Elkridge falls within that metro's commuting orbit. Median home values run roughly 9% lower than Columbia's $480,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Elkridge
The median home value in Elkridge is $438,200 — 44% above the national median of $305,000. Median rent runs $2,206/month, 68% higher than the national median of $1,314/month. The median household income of $135,412/year is 82% higher than the US median of $74,580. The local unemployment rate is 5.2%, above 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, Elkridge has a cost of living index of 153 versus the US average of 100, meaning it is 53% 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 Elkridge, MD?
Elkridge has a cost index of 153 (100 = national average). It is 53% above the national average.
What is average rent in Elkridge, MD?
The median gross rent in Elkridge is $2,206 per month based on 2023 Census data.
What is the average home price in Elkridge?
The median home value in Elkridge is $438,200 according to Zillow and Census data.
What is the median income in Elkridge?
The median household income in Elkridge is $135,412 per year (2023 ACS 5-year estimates).
What is the sales tax in Elkridge, MD?
The combined state and local sales tax rate in Elkridge is 6.0%. The Maryland state income tax top rate is 5.8%.
Is Elkridge, MD affordable?
Elkridge is above average in cost of living, with an index of 153 — about 53% higher than the national average.
Elkridge at a Glance
- Population
- 26,183
- Median Income
- $135,412
- Home Value
- $438,200
- Median Rent
- $2,206/mo
- Unemployment
- 5.2%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Maryland Rankings
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