Joppatowne 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.
IndexJoppatowneMarylandNational
Cost of living index109115100
IndexJoppatowneMarylandNational
Goods & Services index9191100
Groceries index111112100
Health care index9088100
Housing index134154100
Transportation index109108100
Utilities index9799100
A general summary of the cost of living index in Joppatowne, MD is shown above. Compared to the state average of Maryland the cost of living index in Joppatowne, MD is 109, which is 6% lower than the average in Maryland and compared to the national average it is 9% higher than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Joppatowne, MD goods and services come in at 1% lower than the average in Maryland and are 9% lower than compared to the nationwide average.

Did you know?

  • The cost of living in Joppatowne is 6% lower than the Maryland average.
  • The cost of living in Joppatowne is 9% higher than the national average.
  • The cost of housing in Joppatowne is 34% 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 Joppatowne, MD Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Joppatowne, MD to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Joppatowne, MD, then you would need to earn more income in order to maintain the same standard of living. To use the Joppatowne, MD salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$77,440$6,453$1,807$2,323
Renters$42,583$3,549$994$1,278
One can approximate the cost of living and the housing affordability in Joppatowne, MD by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Joppatowne, MD have a median income of $77,440. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,807 per month to avoid calamity and poverty. The renters in the city have an income of about $42,583, which would make their monthly maximum allowable rental costs $994.

Maryland Sales Tax

StateGeneral Sales TaxWith Max Surtax
Maryland6%6%

Maryland Income Tax

StateIncome Tax (Low)Income Tax (High)
Maryland2%5.75%
When you are determining the total cost of living in Joppatowne, 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

ItemJoppatowneNational 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%

Groceries

ItemJoppatowneNational 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

ItemJoppatowneNational 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%

Housing

ItemJoppatowneNational avg.Difference
Home Price $243,200.00$175,700.0038.4%
Avg. Mortgage Payment $1,575.45$1,081.0345.7%
Apartment Rent $1,131.00$920.0022.9%

Transportation

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

Utilities

ItemJoppatowneNational 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.
Bel Air, MD1,11994-6%
Butlertown, MD35694-6%
Dundalk, MD62,18696-4%
Baltimore, MD622,27196-4%
Middle River, MD26,65298-2%
Joppatowne, MD12,9481099%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Phelan, CA12,9471011%
Grenada, MS12,95178-22%
Cayce, SC12,94494-6%
St. Marys, PA12,94090-10%
Lake Forest Park, WA12,93814343%
Joppatowne, MD12,9481099%
Source: The Joppatowne, MD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.