Cost Of Living In Prince Frederick, MD

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	121	120	100
Index	Prince Frederick	Maryland	National
Goods & Services index	113	104	100
Groceries index	106	113	100
Health care index	107	92	100
Housing index	146	154	100
Transportation index	114	106	100
Utilities index	102	103	100

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The cost of living in Prince Frederick is 1% higher than the Maryland average.
The cost of living in Prince Frederick is 21% higher than the national average.
The cost of housing in Prince Frederick is 46% 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	$88,594	$7,383	$2,067	$2,658
Renters	$22,375	$1,865	$522	$671

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	$21.06	$15.56	35.3%
Beauty Salon	$68.19	$36.11	88.9%
Toothpaste	$2.99	$2.47	20.9%
Shampoo	$1.19	$0.96	23.0%
Movie	$12.77	$10.13	26.1%
Bowling	$5.45	$4.74	15.1%

Groceries

Item	Prince Frederick	National avg.	Difference
Ground Beef	$3.75	$3.98	5.9%
Fried Chicken	$1.68	$1.41	19.4%
Milk	$2.31	$2.06	12.1%
Potatoes	$3.06	$2.98	2.5%
Pizza	$8.99	$9.47	5.1%
Beer	$9.89	$8.79	12.5%

Health Care

Item	Prince Frederick	National avg.	Difference
Optometrist	$96.58	$101.04	4.4%
Doctor	$119.88	$107.44	11.6%
Dentist	$99.36	$90.42	9.9%
Ibuprofen	$9.73	$9.28	4.8%
Lipitor	$426.15	$426.50	0.1%

Housing

Item	Prince Frederick	National avg.	Difference
Home Price	$278,500.00	$175,700.00	58.5%
Avg. Mortgage Payment	$2,535.22	$1,133.23	123.7%
Apartment Rent	$1,069.00	$920.00	16.2%

Transportation

Item	Prince Frederick	National avg.	Difference
Gasoline	$2.19	$1.99	9.8%
Tire Balancing	$57.10	$45.76	24.8%

Utilities

Item	Prince Frederick	National avg.	Difference
All Electricity	$141.21	$163.81	13.8%
Phone	$34.95	$28.39	23.1%

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.
Cedarville, MD	610	100	-0%
Taylors Island, MD	146	106	6%
Eagle Harbor, MD	42	115	15%
Tilghman Island, MD	971	116	16%
Lusby, MD	1,504	119	19%
Prince Frederick, MD	3,213	121	21%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Amesti, CA	3,213	136	36%
South Blooming Grove, NY	3,212	122	22%
Eden, NY	3,214	89	-11%
Coplay, PA	3,214	100	-0%
Mannford, OK	3,214	88	-12%
Prince Frederick, MD	3,213	121	21%

Source: The Prince Frederick, MD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.

Prince Frederick, MD Cost of Living