Solomons 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.
IndexSolomonsMarylandNational
Cost of living index147115100
IndexSolomonsMarylandNational
Goods & Services index9891100
Groceries index112112100
Health care index9488100
Housing index250154100
Transportation index121108100
Utilities index9899100

Did you know?

  • The cost of living in Solomons is 28% higher than the Maryland average.
  • The cost of living in Solomons is 47% higher than the national average.
  • The cost of housing in Solomons is 150% 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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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$68,667$5,722$1,602$2,060
Renters$57,162$4,764$1,334$1,715

Maryland Sales Tax

StateGeneral Sales TaxWith Max Surtax
Maryland6%6%

Maryland Income Tax

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

Goods & Services

ItemSolomonsNational avg.Difference
Haircut $17.50$14.5919.9%
Beauty Salon $53.25$34.6853.5%
Toothpaste $2.24$2.479.4%
Shampoo $1.02$1.020.2%
Movie $12.71$9.8728.8%
Bowling $5.38$4.3922.5%

Groceries

ItemSolomonsNational avg.Difference
Ground Beef $3.49$4.4822.0%
Fried Chicken $1.66$1.4613.4%
Milk $2.68$2.3613.7%
Potatoes $3.69$3.0620.5%
Pizza $8.00$9.2413.4%
Beer $9.29$8.637.6%

Health Care

ItemSolomonsNational avg.Difference
Optometrist $73.50$99.7826.3%
Doctor $87.20$105.0317.0%
Dentist $86.40$88.702.6%
Ibuprofen $11.38$9.4120.9%
Lipitor $293.64$298.501.6%

Housing

ItemSolomonsNational avg.Difference
Home Price $470,600.00$175,700.00167.8%
Avg. Mortgage Payment $2,743.63$1,081.03153.8%
Apartment Rent $1,905.00$920.00107.1%

Transportation

ItemSolomonsNational avg.Difference
Gasoline $2.59$2.0923.8%
Tire Balancing $52.00$45.2914.8%

Utilities

ItemSolomonsNational avg.Difference
All Electricity$167.80$170.801.8%
Phone $27.32$28.263.3%
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.
Fishing Creek, MD1211011%
Taylors Island, MD1461022%
Lexington Park, MD12,51611313%
Lusby, MD1,50411414%
Chesapeake Ranch Estates, MD10,38511616%
Solomons, MD1,82214747%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Baldwin, FL1,82290-10%
Waterville, WA1,82292-8%
Dravosburg, PA1,82184-16%
Sterlington, LA1,82184-16%
Gilbert, MN1,82387-13%
Solomons, MD1,82214747%
Source: The Solomons, MD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.