Easton 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.
IndexEastonMarylandNational
Cost of living index118115100
IndexEastonMarylandNational
Goods & Services index10791100
Groceries index107112100
Health care index10288100
Housing index144154100
Transportation index101108100
Utilities index11499100
Displayed above is a general overview of the Easton, MD cost of living index. The overall cost of living index in Easton, MD is 118, which is 3% higher than the Maryland average and 18% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Easton, MD are 18% higher than the Maryland average and 7% higher than the national average.

Did you know?

  • The cost of living in Easton is 3% higher than the Maryland average.
  • The cost of living in Easton is 18% higher than the national average.
  • The cost of housing in Easton is 44% 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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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 Easton, 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 Easton, MD, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Easton, 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$69,333$5,778$1,618$2,080
Renters$33,042$2,754$771$991
The affordability of the housing market in Easton, MD as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Easton, MD homeowners, the median income is $69,333. This indicates that a monthly maximum of $1,618 should be spent by homeowners on all housing related costs. Renters have a median income of $33,042. This indicates that renters should have a maximum of $771 used for their rent related monthly costs.

Maryland Sales Tax

StateGeneral Sales TaxWith Max Surtax
Maryland6%6%

Maryland Income Tax

StateIncome Tax (Low)Income Tax (High)
Maryland2%5.75%
When considering the overall cost of living expenses in Easton, MD, it's important to take into account the sales tax for Maryland, as well as the rate for income tax in Maryland. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Maryland is 6%, and the sales tax in the state of Maryland is 6%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Maryland starts from 2% and goes up to 5.75%.

Goods & Services

ItemEastonNational avg.Difference
Haircut $13.00$14.5910.9%
Beauty Salon $37.50$34.688.1%
Toothpaste $2.98$2.4720.5%
Shampoo $1.03$1.020.8%
Movie $10.50$9.876.4%
Bowling $3.99$4.399.1%

Groceries

ItemEastonNational avg.Difference
Ground Beef $4.59$4.482.5%
Fried Chicken $1.72$1.4617.5%
Milk $1.95$2.3617.3%
Potatoes $3.99$3.0630.3%
Pizza $8.49$9.248.1%
Beer $8.74$8.631.2%

Health Care

ItemEastonNational avg.Difference
Optometrist $135.00$99.7835.3%
Doctor $87.50$105.0316.7%
Dentist $92.50$88.704.3%
Ibuprofen $10.46$9.4111.1%
Lipitor $320.25$298.507.3%

Housing

ItemEastonNational avg.Difference
Home Price $277,700.00$175,700.0058.1%
Avg. Mortgage Payment $825.43$1,081.0323.6%
Apartment Rent $1,017.00$920.0010.5%

Transportation

ItemEastonNational avg.Difference
Gasoline $2.09$2.090.1%
Tire Balancing $47.50$45.294.9%

Utilities

ItemEastonNational avg.Difference
All Electricity$204.71$170.8019.9%
Phone $29.95$28.266.0%
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.
Brookview, MD5895-5%
Choptank, MD13696-4%
Hurlock, MD2,0561000%
Secretary, MD8551011%
Greensboro, MD2,1951033%
Easton, MD16,54111818%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Aberdeen, WA16,54491-9%
Susanville, CA16,5371044%
Moraga, CA16,549209109%
Bridgeview, IL16,5501033%
Hazel Park, MI16,53282-18%
Easton, MD16,54111818%
Source: The Easton, MD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.