Burtonsville 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.
IndexBurtonsvilleMarylandNational
Cost of living index130115100
IndexBurtonsvilleMarylandNational
Goods & Services index9291100
Groceries index113112100
Health care index8688100
Housing index202154100
Transportation index108108100
Utilities index10199100
A general overview of the cost of living index for Burtonsville, MD is displayed above. In Burtonsville, MD, the overall cost of living index is 130, which is 13% higher than the Maryland average and 30% higher than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Burtonsville, MD, the city's goods and services are 1% higher than the Maryland average and 8% lower than the U.S. average.

Did you know?

  • The cost of living in Burtonsville is 13% higher than the Maryland average.
  • The cost of living in Burtonsville is 30% higher than the national average.
  • The cost of housing in Burtonsville is 102% 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.

Find Real Estate Listings In Burtonsville

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Burtonsville

Compare Burtonsville, MD Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Use the salary calculator to compare your current salary in Burtonsville, MD to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Burtonsville, MD, then you would need to earn more income in order to maintain the same standard of living. To use the Burtonsville, MD salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$114,875$9,573$2,680$3,447
Renters$44,637$3,720$1,041$1,339
One can approximate the cost of living and the housing affordability in Burtonsville, MD by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Burtonsville, MD have a median income of $114,875. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,680 per month to avoid calamity and poverty. The renters in the city have an income of about $44,637, which would make their monthly maximum allowable rental costs $1,041.

Maryland Sales Tax

StateGeneral Sales TaxWith Max Surtax
Maryland6%6%

Maryland Income Tax

StateIncome Tax (Low)Income Tax (High)
Maryland2%5.75%
The Maryland sales tax and Maryland income tax rates should definitely be considered when determining the overall cost of living in Burtonsville, MD. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Maryland sales tax is 6% and the maximum surtax is 6%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Maryland income tax rates range from 2% to 5.75%.

Goods & Services

ItemBurtonsvilleNational avg.Difference
Haircut $15.75$14.597.9%
Beauty Salon $47.00$34.6835.5%
Toothpaste $2.18$2.4711.9%
Shampoo $0.99$1.023.1%
Movie $11.94$9.8721.0%
Bowling $5.30$4.3920.7%

Groceries

ItemBurtonsvilleNational avg.Difference
Ground Beef $2.99$4.4833.2%
Fried Chicken $1.59$1.468.6%
Milk $2.65$2.3612.4%
Potatoes $3.69$3.0620.5%
Pizza $8.00$9.2413.4%
Beer $8.59$8.630.5%

Health Care

ItemBurtonsvilleNational avg.Difference
Optometrist $71.67$99.7828.2%
Doctor $64.00$105.0339.1%
Dentist $81.75$88.707.8%
Ibuprofen $10.83$9.4115.1%
Lipitor $293.64$298.501.6%

Housing

ItemBurtonsvilleNational avg.Difference
Home Price $383,900.00$175,700.00118.5%
Avg. Mortgage Payment $2,313.93$1,081.03114.0%
Apartment Rent $1,497.00$920.0062.7%

Transportation

ItemBurtonsvilleNational avg.Difference
Gasoline $2.28$2.099.0%
Tire Balancing $48.00$45.296.0%

Utilities

ItemBurtonsvilleNational avg.Difference
All Electricity$178.68$170.804.6%
Phone $26.86$28.264.9%
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.
Cottage City, MD1,07099-1%
Lansdowne, MD8,71498-2%
Landover, MD23,1121055%
Bladensburg, MD9,3711088%
Colmar Manor, MD1,7371088%
Burtonsville, MD8,54113030%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Boiling Springs, SC8,54299-1%
Malverne, NY8,54416363%
Mapleton, UT8,54512121%
Citrus Springs, FL8,54594-6%
Franklin, VA8,53497-3%
Burtonsville, MD8,54113030%
Source: The Burtonsville, MD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.