Cost of Living in Pikesville, MD
Population 34,253 · Maryland · Data vintage 2023
(100 = US avg)
Most of Pikesville's cost indicators track within a reasonable band of national figures, with median household incomes near $97,218 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.
Geographically, Pikesville sits roughly 8 miles northwest of Baltimore. Median home values run roughly 84% higher than Baltimore's $219,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Pikesville
The median home value in Pikesville is $404,100 — 32% above the national median of $305,000. Median rent runs $1,646/month, 25% higher than the national median of $1,314/month. The median household income of $97,218/year is 30% higher than the US median of $74,580. The local unemployment rate is 4.1%, 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, Pikesville has a cost of living index of 130 versus the US average of 100, meaning it is 30% 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 Pikesville, MD?
Pikesville has a cost index of 130 (100 = national average). It is 30% above the national average.
What is average rent in Pikesville, MD?
The median gross rent in Pikesville is $1,646 per month based on 2023 Census data.
What is the average home price in Pikesville?
The median home value in Pikesville is $404,100 according to Zillow and Census data.
What is the median income in Pikesville?
The median household income in Pikesville is $97,218 per year (2023 ACS 5-year estimates).
What is the sales tax in Pikesville, MD?
The combined state and local sales tax rate in Pikesville is 6.0%. The Maryland state income tax top rate is 5.8%.
Is Pikesville, MD affordable?
Pikesville is above average in cost of living, with an index of 130 — about 30% higher than the national average.
Pikesville at a Glance
- Population
- 34,253
- Median Income
- $97,218
- Home Value
- $404,100
- Median Rent
- $1,646/mo
- Unemployment
- 4.1%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Maryland Rankings
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