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Cost of Living in Ocean City, MD

2025 Affordability Data & Housing Costs

108.1

Cost of Living Index (100 = US Average)

Moderate

Median Home Value

$373,700

Owner-occupied homes (2023 ACS)

Median Household Income

$69,675

Annual (2023 ACS)

Housing Costs

The median home value in Ocean City is $373,700, which is close to the national average. The home price-to-income ratio is 5.4, indicating moderate affordability.

Income & Purchasing Power

The median household income in Ocean City is $69,675 annually.

Compare with Other Cities

View all cities in Maryland

Frequently Asked Questions

What is the cost of living index in Ocean City, MD?

The COL index is 108.1, which is higher than the US average of 100.

What is the median home value in Ocean City?

The median home value is $373,700.

What is the median rent in Ocean City?

Data not available.

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