Big Spring 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.
IndexBig SpringMarylandNational
Cost of living index92120100
IndexBig SpringMarylandNational
Goods & Services index104104100
Groceries index94113100
Health care index10392100
Housing index78154100
Transportation index90106100
Utilities index95103100

Did you know?

  • The cost of living in Big Spring is 23% lower than the Maryland average.
  • The cost of living in Big Spring is 8% lower than the national average.
  • The cost of housing in Big Spring is 22% lower 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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Compare Big Spring, MD Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$62,273$5,189$1,453$1,868
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

ItemBig SpringNational avg.Difference
Haircut $10.22$15.5634.4%
Beauty Salon $30.25$36.1116.2%
Toothpaste $3.08$2.4724.6%
Shampoo $1.19$0.9623.0%
Movie $9.67$10.134.5%
Bowling $4.67$4.741.4%

Groceries

ItemBig SpringNational avg.Difference
Ground Beef $3.95$3.980.8%
Fried Chicken $1.17$1.4116.9%
Milk $1.81$2.0612.5%
Potatoes $3.08$2.983.2%
Pizza $9.83$9.473.8%
Beer $9.36$8.796.4%

Health Care

ItemBig SpringNational avg.Difference
Optometrist $89.89$101.0411.0%
Doctor $104.33$107.442.9%
Dentist $98.75$90.429.2%
Ibuprofen $9.77$9.285.3%
Lipitor $422.49$426.500.9%

Housing

ItemBig SpringNational avg.Difference
Home Price $136,800.00$175,700.0022.1%
Avg. Mortgage Payment $1,055.75$1,133.236.8%
Apartment Rent $0.00$920.00100.0%

Transportation

ItemBig SpringNational avg.Difference
Gasoline $1.94$1.992.8%
Tire Balancing $33.88$45.7626.0%

Utilities

ItemBig SpringNational avg.Difference
All Electricity$157.60$163.813.8%
Phone $27.03$28.394.8%
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.
Eakles Mill, MD099-1%
Fairview, MD099-1%
Kemps Mill, MD8699-1%
Big Pool, MD5399-1%
Bakersville, MD099-1%
Big Spring, MD10592-8%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Soldier, KS10573-27%
Hayward, MO10566-34%
Cleveland, ND10576-24%
Minneiska, MN1051000%
Tampa, KS10573-27%
Big Spring, MD10592-8%
Source: The Big Spring, MD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.