Thurmont 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 index107120100
Goods & Services index100104100
Groceries index97113100
Health care index9092100
Housing index122154100
Transportation index100106100
Utilities index113103100
A general summary of the cost of living index in Thurmont, MD is shown above. Compared to the state average of Maryland the cost of living index in Thurmont, MD is 107, which is 11% lower than the average in Maryland and compared to the national average it is 7% higher than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Thurmont, MD goods and services come in at 4% lower than the average in Maryland and are equal to compared to the nationwide average.

Did you know?

  • The cost of living in Thurmont is 11% lower than the Maryland average.
  • The cost of living in Thurmont is 7% higher than the national average.
  • The cost of housing in Thurmont is 22% 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.

Find Real Estate Listings In Thurmont


New Real Estate Listings In Thurmont

Compare Thurmont, MD Cost of living To Other Cities

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
Using the salary calculator lets you compare the salary you earn in Thurmont, MD to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Thurmont, MD, you have to earn a higher income in order to still have the same standard of living. To operate the Thurmont, MD salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
If you want to find a good determining factor for the cost of living and the general affordability of housing in Thurmont, MD, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Thurmont, MD, the median monthly income is $80,824 for those who own their own homes. Under the standard rule, that income level would allow for $1,886 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $28,941, per the median income in the area. That would allow for renters to spend up to $675 on monthly rental expenses.

Maryland Sales Tax

StateGeneral Sales TaxWith Max Surtax

Maryland Income Tax

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

ItemThurmontNational avg.Difference
Haircut $13.00$15.5616.5%
Beauty Salon $30.83$36.1114.6%
Toothpaste $2.25$2.479.0%
Shampoo $0.98$0.961.9%
Movie $9.11$10.1310.0%
Bowling $4.30$4.749.1%


ItemThurmontNational avg.Difference
Ground Beef $4.32$3.988.5%
Fried Chicken $1.46$1.413.8%
Milk $1.89$2.068.3%
Potatoes $3.49$2.9816.9%
Pizza $6.99$9.4726.2%
Beer $10.94$8.7924.4%

Health Care

ItemThurmontNational avg.Difference
Optometrist $88.69$101.0412.2%
Doctor $92.98$107.4413.5%
Dentist $77.23$90.4214.6%
Ibuprofen $8.75$9.285.7%
Lipitor $437.76$426.502.6%


ItemThurmontNational avg.Difference
Home Price $234,500.00$175,700.0033.5%
Avg. Mortgage Payment $1,023.97$1,133.239.6%
Apartment Rent $883.00$920.004.0%


ItemThurmontNational avg.Difference
Gasoline $2.13$1.997.0%
Tire Balancing $38.58$45.7615.7%


ItemThurmontNational avg.Difference
All Electricity$170.91$163.814.3%
Phone $35.44$28.3924.9%
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.
Eakles Mill, MD099-1%
Reid, MD2999-1%
Pondsville, MD7199-1%
Trego-Rohrersville Station, MD8699-1%
Middleburg, MD191011%
Thurmont, MD6,3331077%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Moraine, OH6,33391-9%
Twin Lakes, CO6,33299-1%
Lionville, PA6,33412020%
Wollochet, WA6,33213636%
Tarrant, AL6,33180-20%
Thurmont, MD6,3331077%
Source: The Thurmont, MD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.