Summerfield 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.
Cost of living index108115100
Goods & Services index9191100
Groceries index111112100
Health care index9088100
Housing index133154100
Transportation index109108100
Utilities index9799100
Displayed above is a general overview of the Summerfield, MD cost of living index. The overall cost of living index in Summerfield, MD is 108, which is 6% lower than the Maryland average and 8% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Summerfield, MD are 1% lower than the Maryland average and 9% lower than the national average.

Did you know?

  • The cost of living in Summerfield is 6% lower than the Maryland average.
  • The cost of living in Summerfield is 8% higher than the national average.
  • The cost of housing in Summerfield is 33% 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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Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is meant to help you compare your salary in Summerfield, MD to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Summerfield, MD, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Summerfield, MD salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Summerfield, 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 Summerfield, MD homeowners have a median income of $87,774. Using that number, you will come up with a maximum of $2,048 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $56,098, which means there is a maximum of $1,309 to be spent on the costs of renting a home or apartment.

Maryland Sales Tax

StateGeneral Sales TaxWith Max Surtax

Maryland Income Tax

StateIncome Tax (Low)Income Tax (High)
For those who live in Summerfield, 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

ItemSummerfieldNational 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%


ItemSummerfieldNational 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

ItemSummerfieldNational 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%


ItemSummerfieldNational avg.Difference
Home Price $218,200.00$175,700.0024.2%
Avg. Mortgage Payment $1,575.45$1,081.0345.7%
Apartment Rent $1,426.00$920.0055.0%


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


ItemSummerfieldNational 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.
Middleburg, MD191033%
Union Bridge, MD87499-1%
Thurmont, MD6,3331099%
New Windsor, MD1,2371077%
Libertytown, MD1,2561088%
Summerfield, MD11,9701088%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Edgewater, NJ11,96918181%
Monfort Heights, OH11,96595-5%
Mays Chapel, MD11,95712727%
Mount Washington, KY11,95695-5%
Parker, SC11,98788-12%
Summerfield, MD11,9701088%
Source: The Summerfield, MD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.