East Riverdale 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.
IndexEast RiverdaleMarylandNational
Cost of living index118120100
IndexEast RiverdaleMarylandNational
Goods & Services index121104100
Groceries index117113100
Health care index9892100
Housing index120154100
Transportation index104106100
Utilities index119103100
Here we can see a simple outline of the cost of living in East Riverdale, MD. As you can see, with the average cost of living in East Riverdale, MD being 118, that puts it 2% lower than the average of Maryland and 18% 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 East Riverdale, MD, the price of goods and services are 17% higher than the average of Maryland as well as 21% higher than the nation's average.

Did you know?

  • The cost of living in East Riverdale is 2% lower than the Maryland average.
  • The cost of living in East Riverdale is 18% higher than the national average.
  • The cost of housing in East Riverdale is 20% 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 East Riverdale, MD Cost of living To Other Cities

Salary Calculator

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Using the salary calculator lets you compare the salary you earn in East Riverdale, MD to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in East Riverdale, MD, you have to earn a higher income in order to still have the same standard of living. To operate the East Riverdale, MD salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$77,470$6,456$1,808$2,324
Renters$39,368$3,281$919$1,181
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in East Riverdale, MD as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for East Riverdale, MD homeowners, is $77,470. This would allow for a maximum of $1,808 per month to be spent on housing costs. For renters, the median monthly income is $39,368 which would result in a maximum of $919 to be spent on rental costs.

Maryland Sales Tax

StateGeneral Sales TaxWith Max Surtax
Maryland6%6%

Maryland Income Tax

StateIncome Tax (Low)Income Tax (High)
Maryland2%5.75%
For those who live in East Riverdale, MD and want to know what the true cost of living is, they ought to look at both the Maryland income tax rate and the Maryland sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Maryland, the sales tax is 6%, while the most you'll pay in surtax is 6%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Maryland, the income tax rate ranges between 2% to 5.75%.

Goods & Services

ItemEast RiverdaleNational avg.Difference
Haircut $20.00$15.5628.5%
Beauty Salon $70.00$36.1193.9%
Toothpaste $3.58$2.4744.7%
Shampoo $1.42$0.9647.5%
Movie $13.33$10.1331.7%
Bowling $5.45$4.7415.1%

Groceries

ItemEast RiverdaleNational avg.Difference
Ground Beef $3.77$3.985.3%
Fried Chicken $2.26$1.4160.4%
Milk $2.39$2.0615.8%
Potatoes $3.82$2.9828.2%
Pizza $10.12$9.476.9%
Beer $9.99$8.7913.6%

Health Care

ItemEast RiverdaleNational avg.Difference
Optometrist $72.00$101.0428.7%
Doctor $93.50$107.4413.0%
Dentist $92.67$90.422.5%
Ibuprofen $9.99$9.287.7%
Lipitor $463.06$426.508.6%

Housing

ItemEast RiverdaleNational avg.Difference
Home Price $207,800.00$175,700.0018.3%
Avg. Mortgage Payment $2,777.28$1,133.23145.1%
Apartment Rent $1,143.00$920.0024.2%

Transportation

ItemEast RiverdaleNational avg.Difference
Gasoline $2.00$1.990.6%
Tire Balancing $51.67$45.7612.9%

Utilities

ItemEast RiverdaleNational avg.Difference
All Electricity$223.39$163.8136.4%
Phone $27.32$28.393.8%
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.
Cottage City, MD1,0701088%
Belle Haven, VA3761033%
Capitol Heights, MD4,45211414%
Silver Hill, MD5,33511414%
Seat Pleasant, MD4,65611414%
East Riverdale, MD15,97511818%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Palmetto Estates, FL15,9691044%
Anacortes, WA15,96512626%
Crawfordsville, IN15,98883-17%
Oconomowoc, WI15,9901066%
Ukiah, CA15,95612020%
East Riverdale, MD15,97511818%
Source: The East Riverdale, MD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.