Cape St. Claire 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.
IndexCape St. ClaireMarylandNational
Cost of living index132120100
IndexCape St. ClaireMarylandNational
Goods & Services index104104100
Groceries index113113100
Health care index9092100
Housing index196154100
Transportation index104106100
Utilities index105103100
Here we can see a simple outline of the cost of living in Cape St. Claire, MD. As you can see, with the average cost of living in Cape St. Claire, MD being 132, that puts it 10% higher than the average of Maryland and 32% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Cape St. Claire, MD, the price of goods and services are equal to the average of Maryland as well as 4% higher than the nation's average.

Did you know?

  • The cost of living in Cape St. Claire is 10% higher than the Maryland average.
  • The cost of living in Cape St. Claire is 32% higher than the national average.
  • The cost of housing in Cape St. Claire is 96% 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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Compare Cape St. Claire, MD Cost of living To Other Cities

Salary Calculator

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Health care index
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The salary calculator allows you to compare how much your current salary in Cape St. Claire, MD would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Cape St. Claire, MD, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Cape St. Claire, MD salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$106,786$8,899$2,492$3,204
Renters$45,321$3,777$1,057$1,360
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Cape St. Claire, MD, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Cape St. Claire, MD homeowners have a median income of $106,786. Using that number, you will come up with a maximum of $2,492 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $45,321, which means there is a maximum of $1,057 to be spent on the costs of renting a home or apartment.

Maryland Sales Tax

StateGeneral Sales TaxWith Max Surtax
Maryland6%6%

Maryland Income Tax

StateIncome Tax (Low)Income Tax (High)
Maryland2%5.75%
One thing to keep in mind when considering the cost of living in Cape St. Claire, MD is the Maryland sales tax and Maryland income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Maryland sales tax rate is 6% and the maximum surtax that can be charged is 6%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Maryland income tax rates range from 2% to 5.75%.

Goods & Services

ItemCape St. ClaireNational avg.Difference
Haircut $19.22$15.5623.5%
Beauty Salon $55.47$36.1153.6%
Toothpaste $2.46$2.470.6%
Shampoo $1.00$0.964.0%
Movie $11.17$10.1310.3%
Bowling $5.30$4.7411.9%

Groceries

ItemCape St. ClaireNational avg.Difference
Ground Beef $4.46$3.9811.9%
Fried Chicken $1.78$1.4126.7%
Milk $2.52$2.0622.1%
Potatoes $3.77$2.9826.4%
Pizza $9.91$9.474.6%
Beer $9.57$8.798.9%

Health Care

ItemCape St. ClaireNational avg.Difference
Optometrist $70.89$101.0429.8%
Doctor $85.25$107.4420.7%
Dentist $79.83$90.4211.7%
Ibuprofen $9.99$9.287.7%
Lipitor $435.17$426.502.0%

Housing

ItemCape St. ClaireNational avg.Difference
Home Price $357,800.00$175,700.00103.6%
Avg. Mortgage Payment $1,577.31$1,133.2339.2%
Apartment Rent $1,652.00$920.0079.6%

Transportation

ItemCape St. ClaireNational avg.Difference
Gasoline $2.05$1.992.9%
Tire Balancing $48.35$45.765.7%

Utilities

ItemCape St. ClaireNational avg.Difference
All Electricity$177.91$163.818.6%
Phone $28.67$28.391.0%
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.
Edesville, MD1451000%
Lansdowne, MD8,7141033%
Rock Hall, MD1,3771066%
Fairlee, MD2761077%
Brooklyn Park, MD14,1361099%
Cape St. Claire, MD8,85813232%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Lake Villa, IL8,8601088%
Minnehaha, WA8,86411212%
DuPont, WA8,85112626%
Lenoir City, TN8,86781-19%
Kearney, MO8,84595-5%
Cape St. Claire, MD8,85813232%
Source: The Cape St. Claire, MD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.