Seat Pleasant 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.
IndexSeat PleasantMarylandNational
Cost of living index114120100
IndexSeat PleasantMarylandNational
Goods & Services index121104100
Groceries index117113100
Health care index9892100
Housing index108154100
Transportation index104106100
Utilities index119103100
Here we can see a simple outline of the cost of living in Seat Pleasant, MD. As you can see, with the average cost of living in Seat Pleasant, MD being 114, that puts it 5% lower than the average of Maryland and 14% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Seat Pleasant, MD, the price of goods and services are 17% higher than the average of Maryland as well as 21% higher than the nation's average.

Did you know?

  • The cost of living in Seat Pleasant is 5% lower than the Maryland average.
  • The cost of living in Seat Pleasant is 14% higher than the national average.
  • The cost of housing in Seat Pleasant is 8% 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 Seat Pleasant, MD Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Seat Pleasant, MD to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Seat Pleasant, MD, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Seat Pleasant, MD salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$67,100$5,592$1,566$2,013
Renters$27,902$2,325$651$837
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Seat Pleasant, MD, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Seat Pleasant, MD homeowners have a median income of $67,100. Using that number, you will come up with a maximum of $1,566 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $27,902, which means there is a maximum of $651 to be spent on the costs of renting a home or apartment.

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 Seat Pleasant, 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

ItemSeat PleasantNational avg.Difference
Haircut $20.00$15.5628.5%
Beauty Salon $70.00$36.1193.9%
Toothpaste $3.58$2.4744.7%
Shampoo $1.42$0.9647.5%
Movie $13.33$10.1331.7%
Bowling $5.45$4.7415.1%

Groceries

ItemSeat PleasantNational avg.Difference
Ground Beef $3.77$3.985.3%
Fried Chicken $2.26$1.4160.4%
Milk $2.39$2.0615.8%
Potatoes $3.82$2.9828.2%
Pizza $10.12$9.476.9%
Beer $9.99$8.7913.6%

Health Care

ItemSeat PleasantNational avg.Difference
Optometrist $72.00$101.0428.7%
Doctor $93.50$107.4413.0%
Dentist $92.67$90.422.5%
Ibuprofen $9.99$9.287.7%
Lipitor $463.06$426.508.6%

Housing

ItemSeat PleasantNational avg.Difference
Home Price $180,200.00$175,700.002.6%
Avg. Mortgage Payment $2,777.28$1,133.23145.1%
Apartment Rent $1,103.00$920.0019.9%

Transportation

ItemSeat PleasantNational avg.Difference
Gasoline $2.00$1.990.6%
Tire Balancing $51.67$45.7612.9%

Utilities

ItemSeat PleasantNational avg.Difference
All Electricity$223.39$163.8136.4%
Phone $27.32$28.393.8%
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, StatePopulationCost of Living IndexNational Avg.
Woodlawn, VA2,08294-6%
Cottage City, MD1,0701088%
Belle Haven, VA3761033%
Capitol Heights, MD4,45211414%
Silver Hill, MD5,33511414%
Seat Pleasant, MD4,65611414%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Westwood, KY4,65583-17%
Briar, TX4,65593-7%
Mount Carmel, OH4,65490-10%
La Grange, TX4,65888-12%
West Milton, OH4,65994-6%
Seat Pleasant, MD4,65611414%
Source: The Seat Pleasant, MD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.