Pasadena 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.
IndexPasadenaMarylandNational
Cost of living index116115100
IndexPasadenaMarylandNational
Goods & Services index9191100
Groceries index111112100
Health care index9088100
Housing index158154100
Transportation index109108100
Utilities index9799100
An overview of the general cost of living index for Pasadena, MD is displayed above for your reference. Residents in Pasadena, MD enjoy a cost of living index of 116. This index is 1% higher than the Maryland average, and 16% higher than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Pasadena, MD, the average cost of goods and services is 1% lower than it is in Maryland, and it is 9% lower than the national average.

Did you know?

  • The cost of living in Pasadena is 1% higher than the Maryland average.
  • The cost of living in Pasadena is 16% higher than the national average.
  • The cost of housing in Pasadena is 58% 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 Pasadena, MD Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Cost of living index
Goods & Services index
Groceries index
Health care index
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Transportation index
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The salary calculator is used in order to provide a comparison of your current salary in Pasadena, MD to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Pasadena, MD, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Pasadena, MD salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$102,706$8,559$2,396$3,081
Renters$50,536$4,211$1,179$1,516
If you want to find a good determining factor for the cost of living and the general affordability of housing in Pasadena, MD, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Pasadena, MD, the median monthly income is $102,706 for those who own their own homes. Under the standard rule, that income level would allow for $2,396 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $50,536, per the median income in the area. That would allow for renters to spend up to $1,179 on monthly rental expenses.

Maryland Sales Tax

StateGeneral Sales TaxWith Max Surtax
Maryland6%6%

Maryland Income Tax

StateIncome Tax (Low)Income Tax (High)
Maryland2%5.75%
For those who live in Pasadena, MD and want to know what the true cost of living is, they ought to look at both the Maryland income tax rate and the Maryland sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Maryland, the sales tax is 6%, while the most you'll pay in surtax is 6%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Maryland, the income tax rate ranges between 2% to 5.75%.

Goods & Services

ItemPasadenaNational 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

ItemPasadenaNational 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

ItemPasadenaNational 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

ItemPasadenaNational avg.Difference
Home Price $281,400.00$175,700.0060.2%
Avg. Mortgage Payment $1,575.45$1,081.0345.7%
Apartment Rent $1,419.00$920.0054.2%

Transportation

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

Utilities

ItemPasadenaNational 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.
Dundalk, MD62,18696-4%
Baltimore, MD622,27196-4%
Lansdowne, MD8,71498-2%
Essex, MD37,38099-1%
Baltimore Highlands, MD7,0781000%
Pasadena, MD25,03011616%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Hastings, NE25,03085-15%
Paris, TX25,02378-22%
Herriman, UT25,02211515%
Paducah, KY25,04684-16%
Inkster, MI25,05681-19%
Pasadena, MD25,03011616%
Source: The Pasadena, MD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.