Cost of Living in Grasonville, MD

Population 3,431 · Maryland · Data vintage 2023

130

Cost Index
(100 = US avg)

Page updated: April 2026 · Data vintage: 2023 ACS 5-Year

Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Grasonville sits on the smaller end of the Maryland city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. The labor market has been unusually tight, with unemployment around 2.3% — below most comparable cities in the state.

Located 30 miles southeast of Baltimore, Grasonville falls within that metro's commuting orbit. Median home values run roughly 91% higher than Baltimore's $219,000.

Cost Overview

Housing 137

Rent 119

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Grasonville

The median home value in Grasonville is $418,900 — 37% above the national median of $305,000. Median rent runs $1,564/month, 19% higher than the national median of $1,314/month. The median household income of $111,842/year is 50% higher than the US median of $74,580. The local unemployment rate is 2.3%, 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, Grasonville has a cost of living index of 130 versus the US average of 100, meaning it is 30% more expensive.

📍

Grasonville has limited residential data

Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:

Easton, MD

Median home: $348,400

Rent: $1,177/mo

Income: $73,460

Annapolis Neck, MD

Median home: $723,100

Rent: $2,805/mo

Income: $171,833

Annapolis, MD

Median home: $510,200

Rent: $1,855/mo

Income: $104,257

Arnold, MD

Median home: $547,800

Rent: $2,177/mo

Income: $137,799

Lake Shore, MD

Median home: $471,500

Rent: $1,793/mo

Income: $127,453

🏠 Housing

Median Home Value

$418,900

37% above avg

Zillow Home Value

$419,375

Zillow ZHVI

Median Rent

$1,564/mo

19% above avg

Price-to-Rent Ratio

22.3x

Favors renting

Property Tax Rate

1.1%

Effective rate

HUD Fair Market Rents by Bedroom

Studio

$1,407

1 BR

$1,604

2 BR

$1,898

3 BR

$2,407

4 BR

$2,822

Owner-occupied 78.1%

Renter-occupied 21.9%

💰 Estimated Monthly Budget

Rent median rent

$1,564

Groceries national estimate

$400

Utilities local estimate

$88

Transportation local gas prices

$126

Estimated Total $2,178/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚

Eggs (dozen)

$0.548

🍞

White Bread (lb)

$1.912

🥩

Ground Beef (lb)

$5.61

🚗 Transportation

Avg Commute

39.9 min

48% above avg

Gas Price

$3.145/gal

0% below avg

Work From Home

16.7%

Commute Mode

Drove alone

76.1%

Carpooled

5.9%

Public transit

0.7%

Walked

0.6%

Work from home

16.7%

⚡ Utilities

Electricity

$0.176/kWh

0% below avg

📋 Taxes

State Income Tax 5.8%

Total Sales Tax 6.0%

State rate 6.0%

Avg local rate 0.0%

Property Tax 1.1%

💼 Income & Employment

Median Household Income

$111,842

50% above avg

Per Capita Income

$47,369

Unemployment Rate

2.3%

52% below avg

Poverty Rate

11.3%

Labor Force Participation

72.8%

🎓 Education

Bachelor's degree+ 24.7%

Graduate degree 9.7%

👥 Demographics

Median Age 41.6

Male median age 42.8

Female median age 39.5

Frequently Asked Questions

What is the cost of living in Grasonville, MD?

Grasonville has a cost index of 130 (100 = national average). It is 30% above the national average.

What is average rent in Grasonville, MD?

The median gross rent in Grasonville is $1,564 per month based on 2023 Census data.

What is the average home price in Grasonville?

The median home value in Grasonville is $418,900 according to Zillow and Census data.

What is the median income in Grasonville?

The median household income in Grasonville is $111,842 per year (2023 ACS 5-year estimates).

What is the sales tax in Grasonville, MD?

The combined state and local sales tax rate in Grasonville is 6.0%. The Maryland state income tax top rate is 5.8%.

Is Grasonville, MD affordable?

Grasonville is above average in cost of living, with an index of 130 — about 30% higher than the national average.

Grasonville at a Glance

Population: 3,431
Median Income: $111,842
Home Value: $418,900
Median Rent: $1,564/mo
Unemployment: 2.3%
Sales Tax: 6.0%

View all cities in Maryland →

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