Mountain Lake Park 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.
IndexMountain Lake ParkMarylandNational
Cost of living index95120100
IndexMountain Lake ParkMarylandNational
Goods & Services index100104100
Groceries index101113100
Health care index9292100
Housing index91154100
Transportation index97106100
Utilities index88103100

Did you know?

  • The cost of living in Mountain Lake Park is 20% lower than the Maryland average.
  • The cost of living in Mountain Lake Park is 5% lower than the national average.
  • The cost of housing in Mountain Lake Park is 9% 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 Mountain Lake Park, MD Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$52,273$4,356$1,220$1,568
Renters$15,670$1,306$366$470

Maryland Sales Tax

StateGeneral Sales TaxWith Max Surtax
Maryland6%6%

Maryland Income Tax

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

Goods & Services

ItemMountain Lake ParkNational avg.Difference
Haircut $12.75$15.5618.1%
Beauty Salon $32.72$36.119.4%
Toothpaste $2.55$2.473.3%
Shampoo $0.94$0.962.2%
Movie $10.20$10.130.7%
Bowling $4.17$4.7412.0%

Groceries

ItemMountain Lake ParkNational avg.Difference
Ground Beef $4.19$3.985.2%
Fried Chicken $1.46$1.413.8%
Milk $2.05$2.060.8%
Potatoes $3.45$2.9815.8%
Pizza $9.00$9.475.0%
Beer $8.55$8.792.8%

Health Care

ItemMountain Lake ParkNational avg.Difference
Optometrist $89.67$101.0411.3%
Doctor $96.00$107.4410.6%
Dentist $77.00$90.4214.8%
Ibuprofen $8.91$9.283.9%
Lipitor $443.98$426.504.1%

Housing

ItemMountain Lake ParkNational avg.Difference
Home Price $177,500.00$175,700.001.0%
Avg. Mortgage Payment $1,082.34$1,133.234.5%
Apartment Rent $611.00$920.0033.6%

Transportation

ItemMountain Lake ParkNational avg.Difference
Gasoline $2.13$1.996.9%
Tire Balancing $33.51$45.7626.8%

Utilities

ItemMountain Lake ParkNational avg.Difference
All Electricity$129.76$163.8120.8%
Phone $28.66$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.
Gorman, MD3597-3%
Hutton, MD7097-3%
Swanton, MD4997-3%
Elk Garden, WV20479-21%
Albright, WV29581-19%
Mountain Lake Park, MD2,36895-5%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Lavon, TX2,36798-2%
Idalou, TX2,36984-16%
Henry, IL2,36785-15%
Wisconsin Dells, WI2,36998-2%
Lexington Hills, CA2,36718282%
Mountain Lake Park, MD2,36895-5%
Source: The Mountain Lake Park, MD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.