Frostburg 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.
IndexFrostburgMarylandNational
Cost of living index98115100
IndexFrostburgMarylandNational
Goods & Services index9991100
Groceries index104112100
Health care index9888100
Housing index86154100
Transportation index111108100
Utilities index10799100
Displayed above is a general overview of the Frostburg, MD cost of living index. The overall cost of living index in Frostburg, MD is 98, which is 15% lower than the Maryland average and 2% lower 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 Frostburg, MD are 8% higher than the Maryland average and 1% lower than the national average.

Did you know?

  • The cost of living in Frostburg is 15% lower than the Maryland average.
  • The cost of living in Frostburg is 2% lower than the national average.
  • The cost of housing in Frostburg is 14% lower 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 Frostburg, MD Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Frostburg, MD to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Frostburg, MD, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Frostburg, MD salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$62,000$5,167$1,447$1,860
Renters$16,431$1,369$383$493
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Frostburg, 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 Frostburg, MD homeowners have a median income of $62,000. Using that number, you will come up with a maximum of $1,447 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $16,431, which means there is a maximum of $383 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%
The Maryland sales tax and Maryland income tax rates should definitely be considered when determining the overall cost of living in Frostburg, 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

ItemFrostburgNational avg.Difference
Haircut $13.03$14.5910.7%
Beauty Salon $34.66$34.680.1%
Toothpaste $2.99$2.4720.9%
Shampoo $0.99$1.023.1%
Movie $8.75$9.8711.3%
Bowling $3.75$4.3914.6%

Groceries

ItemFrostburgNational avg.Difference
Ground Beef $5.99$4.4833.8%
Fried Chicken $1.89$1.4629.1%
Milk $3.87$2.3664.2%
Potatoes $3.99$3.0630.3%
Pizza $7.85$9.2415.1%
Beer $10.47$8.6321.3%

Health Care

ItemFrostburgNational avg.Difference
Optometrist $79.30$99.7820.5%
Doctor $80.00$105.0323.8%
Dentist $98.38$88.7010.9%
Ibuprofen $9.79$9.414.0%
Lipitor $320.18$298.507.3%

Housing

ItemFrostburgNational avg.Difference
Home Price $156,700.00$175,700.0010.8%
Avg. Mortgage Payment $825.80$1,081.0323.6%
Apartment Rent $722.00$920.0021.5%

Transportation

ItemFrostburgNational avg.Difference
Gasoline $2.39$2.0914.2%
Tire Balancing $45.80$45.291.1%

Utilities

ItemFrostburgNational avg.Difference
All Electricity$165.62$170.803.0%
Phone $34.18$28.2621.0%
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.
Bier, MD1941022%
Detmold, MD1921022%
Spring Gap, MD361022%
National, MD111033%
Vale Summit, MD471033%
Frostburg, MD8,80298-2%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Madeira, OH8,8011033%
Lancaster, SC8,80188-12%
Lapeer, MI8,80184-16%
Delta, CO8,80195-5%
Highland Park, TX8,796214114%
Frostburg, MD8,80298-2%
Source: The Frostburg, MD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.