New Albany, Indiana vs. Towson, Maryland

Cost of Living Comparison

The cost of living in Towson, Maryland is 37.1% more expensive than New Albany, Indiana.

You would need a salary of $68,565 in Towson, Maryland to maintain the standard of living you have in New Albany, Indiana.
Comparison highlights
• Overall, Towson, Maryland is more expensive than New Albany, Indiana
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
118% more expensive in Towson
than in New Albany, Indiana
New Albany, IN vs. Towson, MD
Compared to New Albany, Towson is:
  Homeowner
      No Child Care, Taxes not Considered
  37.1% higher
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  9.5% higher
  Housing (Homeowner)
  141.7% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  11.2% higher
  Commute
  23.4% higher
  Health
  3.1% lower
  Taxes
  Childcare
  Personal
  7.7% higher