Cost of Living in Randallstown, MD
Population 35,975 · Maryland · Data vintage 2023
(100 = US avg)
A 36-minute average commute puts Randallstown squarely in exurban territory — the kind of place where many households optimize for housing cost over proximity to work. Home values of $306,000 reflect that spatial discount. At 7.7%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Located 11 miles west of Baltimore, Randallstown falls within that metro's commuting orbit. Median home values run roughly 40% higher than Baltimore's $219,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Randallstown
The median home value in Randallstown is $306,000 — equal to the national median of $305,000. Median rent runs $1,537/month, 17% higher than the national median of $1,314/month. The median household income of $88,544/year is 19% higher than the US median of $74,580. The local unemployment rate is 7.7%, 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, Randallstown has a cost of living index of 107 versus the US average of 100, meaning it is 7% 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 Randallstown, MD?
Randallstown has a cost index of 107 (100 = national average). It is 7% above the national average.
What is average rent in Randallstown, MD?
The median gross rent in Randallstown is $1,537 per month based on 2023 Census data.
What is the average home price in Randallstown?
The median home value in Randallstown is $306,000 according to Zillow and Census data.
What is the median income in Randallstown?
The median household income in Randallstown is $88,544 per year (2023 ACS 5-year estimates).
What is the sales tax in Randallstown, MD?
The combined state and local sales tax rate in Randallstown is 6.0%. The Maryland state income tax top rate is 5.8%.
Is Randallstown, MD affordable?
Randallstown is near the national average in terms of cost of living, with an index of 107 (100 = US average).
Randallstown at a Glance
- Population
- 35,975
- Median Income
- $88,544
- Home Value
- $306,000
- Median Rent
- $1,537/mo
- Unemployment
- 7.7%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Maryland Rankings
Similar Cost Cities
Cities in other states with comparable housing costs