Prince Frederick, MD Cost Of Living

Prince Frederick 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.
Index	Prince Frederick	Maryland	National
Cost of living index	118	120	100
Index	Prince Frederick	Maryland	National
Goods & Services index	109	109	100
Groceries index	117	111	100
Health care index	107	93	100
Housing index	140	150	100
Transportation index	110	104	100
Utilities index	103	104	100

Did you know?

The cost of living in Prince Frederick is 1% lower than the Maryland average.
The cost of living in Prince Frederick is 18% higher than the national average.
The cost of housing in Prince Frederick is 40% 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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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$74,583	$6,215	$1,740	$2,238
Renters	$25,977	$2,165	$606	$779

Maryland Sales Tax

State	General Sales Tax	With Max Surtax
Maryland	6%	6%

Maryland Income Tax

State	Income Tax (Low)	Income Tax (High)
Maryland	2%	5.75%

Goods & Services

Item	Prince Frederick	National avg.	Difference
Haircut	$18.11	$16.09	12.6%
Beauty Salon	$62.00	$37.33	66.1%
Toothpaste	$3.17	$2.45	29.7%
Shampoo	$1.27	$1.00	26.6%
Movie	$12.63	$10.28	22.8%
Bowling	$5.45	$4.93	10.5%

Groceries

Item	Prince Frederick	National avg.	Difference
Ground Beef	$4.24	$3.80	11.6%
Fried Chicken	$2.29	$1.40	63.7%
Milk	$2.45	$2.01	21.9%
Potatoes	$3.69	$3.01	22.4%
Pizza	$10.49	$9.89	6.1%
Beer	$10.10	$8.90	13.5%

Health Care

Item	Prince Frederick	National avg.	Difference
Optometrist	$95.25	$102.16	6.8%
Doctor	$122.58	$108.36	13.1%
Dentist	$98.00	$92.53	5.9%
Ibuprofen	$9.83	$9.28	5.9%
Lipitor	$432.66	$425.82	1.6%

Housing

Item	Prince Frederick	National avg.	Difference
Home Price	$289,100.00	$184,700.00	56.5%
Avg. Mortgage Payment	$2,942.02	$1,202.44	144.7%
Apartment Rent	$948.00	$949.00	0.1%

Transportation

Item	Prince Frederick	National avg.	Difference
Gasoline	$2.45	$2.24	9.0%
Tire Balancing	$51.67	$46.29	11.6%

Utilities

Item	Prince Frederick	National avg.	Difference
All Electricity	$143.97	$165.96	13.2%
Phone	$34.95	$28.68	21.8%

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, State	Population	Cost of Living Index	National Avg.
Eagle Harbor, MD	25	115	15%
Chesapeake Ranch Estates, MD	9,644	116	16%
Cedarville, MD	588	116	16%
Charlotte Hall, MD	1,817	117	17%
Drum Point, MD	2,917	121	21%
Prince Frederick, MD	3,425	118	18%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Loyola, CA	3,425	341	241%
Port St. Joe, FL	3,424	94	-6%
Gibson City, IL	3,423	85	-15%
Pine Lawn, MO	3,423	84	-16%
Story City, IA	3,423	87	-13%
Prince Frederick, MD	3,425	118	18%

Source: The Prince Frederick, MD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Prince Frederick, MD Cost of Living