D+
Overall 4%
Goods & Services 17%
Housing 14%
Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexCambridgeMarylandNational
Cost of living104121100
Goods & Services117108100
Groceries127119100
Health care9686100
Housing86150100
Transportation99108100
Utilities93108100

Key findings

  • The cost of living in Cambridge is 14% lower than the Maryland average
  • The cost of living in Cambridge is 4% higher than the national average
  • Cambridge housing is 14% lower than the national average
  • Maryland general sales tax is 18% higher than the national average
  • Maryland state income tax is 19% lower than the national average

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Compare Cambridge, MD Cost of Living

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      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$54,688$4,557$1,276$1,641
      Renters$25,931$2,161$605$778
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Cambridge, MD, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Cambridge homeowners, is $54,688. This would allow for a maximum of $1,276 per month to be spent on housing costs. For renters, the median monthly income is $25,931 which would result in a maximum of $605 to be spent on rental costs.

      Maryland Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Maryland6%6%

      Maryland Income Tax

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

      Goods & Services

      ItemCambridgeNational avg.Difference
      Haircut $16.50$17.495.7%
      Beauty Salon $40.00$38.174.8%
      Toothpaste $2.89$2.3224.5%
      Shampoo $1.07$1.015.7%
      Movie $11.50$10.727.2%
      Bowling $18.00$13.8629.9%

      Groceries

      ItemCambridgeNational avg.Difference
      Ground Beef $4.59$3.9017.7%
      Fried Chicken $2.09$1.4049.7%
      Milk $2.32$1.9618.2%
      Potatoes $4.52$3.1842.0%
      Pizza $10.00$10.393.8%
      Beer $7.99$9.2313.4%

      Health Care

      ItemCambridgeNational avg.Difference
      Optometrist $106.50$106.340.2%
      Doctor $106.50$115.257.6%
      Dentist $88.50$98.3810.0%
      Ibuprofen $11.79$9.2627.3%
      Lipitor $467.89$466.470.3%

      Housing

      ItemCambridgeNational avg.Difference
      Home Price $157,400.00$184,700.0014.8%
      Avg. Mortgage Payment $1,135.23$1,273.3210.8%
      Apartment Rent $827.00$949.0012.9%

      Transportation

      ItemCambridgeNational avg.Difference
      Gasoline $2.44$2.595.9%
      Tire Balancing $54.00$48.9010.4%

      Utilities

      ItemCambridgeNational avg.Difference
      All Electricity$153.32$167.608.5%
      Phone $173.76$163.426.3%
      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.
      Hurlock, MD2,0921011%
      Vienna, MD2831033%
      Secretary, MD6811033%
      East New Market, MD4141044%
      Algonquin, MD1,53711111%
      Cambridge, MD12,5521044%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Palos Heights, IL12,54412222%
      Lakeland, TN12,5411000%
      New Kingman-Butler, AZ12,56678-22%
      Gatesville, TX12,53881-19%
      Windsor Locks, CT12,53711414%
      Cambridge, MD12,5521044%
      Source: The Cambridge, MD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.