Herald Harbor 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.
IndexHerald HarborMarylandNational
Cost of living index136120100
IndexHerald HarborMarylandNational
Goods & Services index104104100
Groceries index113113100
Health care index9092100
Housing index207154100
Transportation index104106100
Utilities index105103100

Did you know?

  • The cost of living in Herald Harbor is 13% higher than the Maryland average.
  • The cost of living in Herald Harbor is 36% higher than the national average.
  • The cost of housing in Herald Harbor is 107% 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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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$109,239$9,103$2,549$3,277
Renters$61,959$5,163$1,446$1,859

Maryland Sales Tax

StateGeneral Sales TaxWith Max Surtax
Maryland6%6%

Maryland Income Tax

StateIncome Tax (Low)Income Tax (High)
Maryland2%5.75%

Goods & Services

ItemHerald HarborNational 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

ItemHerald HarborNational 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

ItemHerald HarborNational 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

ItemHerald HarborNational avg.Difference
Home Price $376,700.00$175,700.00114.4%
Avg. Mortgage Payment $1,577.31$1,133.2339.2%
Apartment Rent $1,750.00$920.0090.2%

Transportation

ItemHerald HarborNational avg.Difference
Gasoline $2.05$1.992.9%
Tire Balancing $48.35$45.765.7%

Utilities

ItemHerald HarborNational 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.
Dundalk, MD62,1861011%
Lansdowne, MD8,7141033%
Brooklyn Park, MD14,1361099%
Edgemere, MD8,29511111%
Arbutus, MD21,40411111%
Herald Harbor, MD2,40313636%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
La Porte City, IA2,40388-12%
Brookland, AR2,40282-18%
East Hampton, CT2,40211919%
El Portal, FL2,40411212%
Effort, PA2,4021099%
Herald Harbor, MD2,40313636%
Source: The Herald Harbor, MD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.