Chester 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.
Cost of living index120115100
Goods & Services index9191100
Groceries index111112100
Health care index9088100
Housing index172154100
Transportation index109108100
Utilities index9799100
An overview of the general cost of living index for Chester, MD is displayed above for your reference. Residents in Chester, MD enjoy a cost of living index of 120. This index is 4% higher than the Maryland average, and 20% higher than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Chester, MD, the average cost of goods and services is 1% lower than it is in Maryland, and it is 9% lower than the national average.

Did you know?

  • The cost of living in Chester is 4% higher than the Maryland average.
  • The cost of living in Chester is 20% higher than the national average.
  • The cost of housing in Chester is 72% 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 Chester, 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
The salary calculator is used in order to provide a comparison of your current salary in Chester, MD to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Chester, MD, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Chester, MD salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
If you want to find a good determining factor for the cost of living and the general affordability of housing in Chester, MD, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Chester, MD, the median monthly income is $103,107 for those who own their own homes. Under the standard rule, that income level would allow for $2,406 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $54,716, per the median income in the area. That would allow for renters to spend up to $1,277 on monthly rental expenses.

Maryland Sales Tax

StateGeneral Sales TaxWith Max Surtax

Maryland Income Tax

StateIncome Tax (Low)Income Tax (High)
When you are determining the total cost of living in Chester, MD you will want to make sure you consider both the Maryland sales tax and the Maryland income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Maryland is 6%, with the highest surtax being 6%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Maryland have a range from 2% to 5.75%.

Goods & Services

ItemChesterNational avg.Difference
Haircut $15.75$14.597.9%
Beauty Salon $43.00$34.6824.0%
Toothpaste $2.13$2.4713.9%
Shampoo $0.99$1.023.1%
Movie $10.81$9.879.5%
Bowling $5.30$4.3920.7%


ItemChesterNational avg.Difference
Ground Beef $3.49$4.4822.0%
Fried Chicken $1.57$1.467.2%
Milk $2.59$2.369.9%
Potatoes $3.89$3.0627.1%
Pizza $8.00$9.2413.4%
Beer $8.49$8.631.7%

Health Care

ItemChesterNational avg.Difference
Optometrist $67.49$99.7832.4%
Doctor $80.00$105.0323.8%
Dentist $81.75$88.707.8%
Ibuprofen $10.58$9.4112.4%
Lipitor $293.64$298.501.6%


ItemChesterNational avg.Difference
Home Price $312,600.00$175,700.0077.9%
Avg. Mortgage Payment $1,575.45$1,081.0345.7%
Apartment Rent $1,458.00$920.0058.5%


ItemChesterNational avg.Difference
Gasoline $2.28$2.099.0%
Tire Balancing $48.80$45.297.8%


ItemChesterNational avg.Difference
All Electricity$159.30$170.806.7%
Phone $28.67$28.261.5%
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, MD14595-5%
Rock Hall, MD1,3771011%
Grasonville, MD3,37911111%
Easton, MD16,54111818%
Riviera Beach, MD12,81111414%
Chester, MD4,52012020%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Berlin, MD4,5201088%
Ardsley, NY4,51917676%
Obetz, OH4,52186-14%
Emerald Lake Hills, CA4,519222122%
Arabi, LA4,52189-11%
Chester, MD4,52012020%
Source: The Chester, MD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.