Benedict cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexBenedictMarylandNational
Cost of living index125120100
IndexBenedictMarylandNational
Goods & Services index109109100
Groceries index117111100
Health care index10793100
Housing index160150100
Transportation index110104100
Utilities index103104100

Did you know?

  • The cost of living in Benedict is 4% higher than the Maryland average.
  • The cost of living in Benedict is 25% higher than the national average.
  • The cost of housing in Benedict is 60% higher than the national average.
  • Maryland general sales tax is 18% higher than the national average.
  • Maryland state income tax is 10% lower than the national average.

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Groceries index
Health care index
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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$0$0$0$0
Renters$0$0$0$0

Maryland Sales Tax

StateGeneral Sales TaxWith Max Surtax
Maryland6%6%

Maryland Income Tax

StateIncome Tax (Low)Income Tax (High)
Maryland2%5.75%

Goods & Services

ItemBenedictNational avg.Difference
Haircut $18.11$16.0912.6%
Beauty Salon $62.00$37.3366.1%
Toothpaste $3.17$2.4529.7%
Shampoo $1.27$1.0026.6%
Movie $12.63$10.2822.8%
Bowling $5.45$4.9310.5%

Groceries

ItemBenedictNational avg.Difference
Ground Beef $4.24$3.8011.6%
Fried Chicken $2.29$1.4063.7%
Milk $2.45$2.0121.9%
Potatoes $3.69$3.0122.4%
Pizza $10.49$9.896.1%
Beer $10.10$8.9013.5%

Health Care

ItemBenedictNational avg.Difference
Optometrist $95.25$102.166.8%
Doctor $122.58$108.3613.1%
Dentist $98.00$92.535.9%
Ibuprofen $9.83$9.285.9%
Lipitor $432.66$425.821.6%

Housing

ItemBenedictNational avg.Difference
Home Price $296,400.00$184,700.0060.5%
Avg. Mortgage Payment $2,942.02$1,202.44144.7%
Apartment Rent $0.00$949.00100.0%

Transportation

ItemBenedictNational avg.Difference
Gasoline $2.45$2.249.0%
Tire Balancing $51.67$46.2911.6%

Utilities

ItemBenedictNational avg.Difference
All Electricity$143.97$165.9613.2%
Phone $34.95$28.6821.8%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Eagle Harbor, MD2511515%
Chesapeake Ranch Estates, MD9,64411616%
Cedarville, MD58811616%
Charlotte Hall, MD1,81711717%
Prince Frederick, MD3,42511818%
Benedict, MD48012525%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Louisville, AL48077-23%
Chenequa, WI48019898%
Virgin, UT48098-2%
Lake Mykee Town, MO48096-4%
Ducktown, TN48078-22%
Benedict, MD48012525%
Source: The Benedict, MD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.