Cost of Living in Maryland

The cost of living in Maryland State is relatively high compared to the national average. The median home price is $285,000 and the median rent price is $1,400 per month. Groceries, healthcare, and transportation are all slightly higher than the national average as well. While there is no state income tax in Maryland, there is a 6% sales tax applied to purchases. Residents also pay an estate tax if their estates exceed a certain threshold of value after their death. Despite these costs, it can still be a great place to live with its many attractions, cultural diversity, and strong economy.

Our cost of living indices are based on a US average of 100. An amount below 100 means Maryland is cheaper than the US average. A cost of living index above 100 means Maryland, Maryland is more expensive.

Maryland cost of living is 111.8