CityRating.com: Find the Best Places to Live in the USA

Cost of Living in Maryland (MD)

The cost of living in Maryland is higher than the national average. State of Maryland salaries average $58,106.00, indicating a pay rate that is higher than the U.S. average annual salary by $4,485.00. The consumer price index (CPI) of 266 in Maryland is 8.57% higher than the U.S. city average CPI of 245. The sales tax is 6.00%.

The CPI calculation is based on a statistical model that takes into account some of the major personal consumption categories such as healthcare, transportation, housing, education and food, in addition to the average Maryland annual salary, sales tax rates and the regional consumer price index.


Maryland Consumer Price Index (CPI):
CPI
Maryland
266
U.S. City Average
245
Average Annual Pay:
U.S. Dollars
Maryland
$58,106
U.S. City Average
$53,621
Consumption Categories in Maryland versus National Average:
Category Percentage Versus National Average
Education 3.17%
0%
6.35%
Healthcare 7.23%
0%
14.47%
Groceries 1.14%
0%
2.28%
Rent 45.41%
0%
90.91%
Mortgage 25.19%
0%
50.43%
Electricity 18.12%
0%
36.28%
Gasoline 2.11%
0%
4.22%


Next


Questions? Comments?
E-mail:
Copyright © 2018 CityRating.com. All rights reserved.