Cost of Living in Arden on the Severn, MD

With a cost of living index of 115, Arden on the Severn, MD is a notably expensive place to live. Living here is 15% more expensive than the national average and 4% below the Maryland state average of 119. Arden on the Severn is a small community of 1,691 residents.

The median household income in Arden on the Severn is $117,188, which is 56% higher than the national median of $75,149. While incomes are above average, they more than offset the higher cost of living.

Climate is another factor for anyone considering a move to Arden on the Severn. The area sees an average annual temperature of 56.2°F, with summers averaging 76°F and winters around 37°F. Annual rainfall totals 45 inches spread over roughly 121 days.

Everyday prices in the Baltimore-Columbia-Towson, MD (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 6 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.