Charlestown 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.
IndexCharlestownMarylandNational
Cost of living index111120100
IndexCharlestownMarylandNational
Goods & Services index110109100
Groceries index109111100
Health care index10093100
Housing index120150100
Transportation index95104100
Utilities index105104100

Did you know?

  • The cost of living in Charlestown is 8% lower than the Maryland average.
  • The cost of living in Charlestown is 11% higher than the national average.
  • The cost of housing in Charlestown is 20% 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 Charlestown, MD Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$90,408$7,534$2,109$2,713
Renters$41,250$3,438$962$1,238

Maryland Sales Tax

StateGeneral Sales TaxWith Max Surtax
Maryland6%6%

Maryland Income Tax

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

Goods & Services

ItemCharlestownNational avg.Difference
Haircut $14.17$16.0911.9%
Beauty Salon $38.67$37.333.6%
Toothpaste $3.37$2.4537.6%
Shampoo $1.11$1.0011.3%
Movie $11.50$10.2811.9%
Bowling $4.75$4.933.7%

Groceries

ItemCharlestownNational avg.Difference
Ground Beef $4.31$3.8013.2%
Fried Chicken $1.72$1.4023.4%
Milk $2.13$2.016.3%
Potatoes $4.12$3.0136.7%
Pizza $10.24$9.893.6%
Beer $9.99$8.9012.3%

Health Care

ItemCharlestownNational avg.Difference
Optometrist $114.17$102.1611.8%
Doctor $87.50$108.3619.2%
Dentist $107.42$92.5316.1%
Ibuprofen $9.69$9.284.4%
Lipitor $403.75$425.825.2%

Housing

ItemCharlestownNational avg.Difference
Home Price $235,800.00$184,700.0027.7%
Avg. Mortgage Payment $1,333.34$1,202.4410.9%
Apartment Rent $974.00$949.002.6%

Transportation

ItemCharlestownNational avg.Difference
Gasoline $2.17$2.243.2%
Tire Balancing $42.63$46.297.9%

Utilities

ItemCharlestownNational avg.Difference
All Electricity$192.01$165.9615.7%
Phone $26.64$28.687.1%
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.
Cecilton, MD1,03697-3%
Betterton, MD3741022%
Wakefield, PA7071033%
Perryman, MD2,6291022%
Port Deposit, MD6391044%
Charlestown, MD1,24811111%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Sand Point, AK1,24811212%
Lyons, OR1,2481066%
Renovo, PA1,24881-19%
Godley, TX1,24891-9%
Highpoint, OH1,24891-9%
Charlestown, MD1,24811111%
Source: The Charlestown, MD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.