Cost Of Living in Cordova, MD

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C-

3%

Overall NAT. AVG.

1%

Goods & Services NAT. AVG.

13%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; 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.
Index	Cordova	Maryland	National
Cost of living	97	119	100
Goods & Services	101	106	100
Groceries	100	106	100
Health care	99	97	100
Housing	87	150	100
Transportation	101	98	100
Utilities	107	111	100

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Cost Of Living Quick Facts

The cost of living in Cordova is 18% lower than the Maryland average
The cost of living in Cordova is 3% lower than the national average
Cordova housing is 13% lower than the national average
Maryland general sales tax is 18% higher than the national average
Maryland state income tax is 23% lower than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$103,182	$8,599	$2,407	$3,096
Renters	$0	$0	$0	$0

Maryland Sales Tax

State	General Sales Tax	With Max Surtax
Maryland	6%	6%

Maryland Income Tax

State	Income Tax (Low)	Income Tax (High)
Maryland	2%	5.75%

Goods & Services

Item	Cordova	National avg.	Difference
Haircut	$23.17	$24.26	4.5%
Beauty Salon	$52.17	$45.56	14.5%
Toothpaste	$3.59	$3.70	3.1%
Shampoo	$1.28	$1.28	0.0%
Movie	$12.40	$12.13	2.2%
Bowling	$19.44	$18.00	8.0%

Groceries

Item	Cordova	National avg.	Difference
Ground Beef	$6.11	$5.84	4.7%
Fried Chicken	$1.41	$1.57	10.1%
Milk	$4.68	$4.67	0.1%
Potatoes	$5.38	$4.93	9.0%
Pizza	$12.29	$12.09	1.7%
Beer	$11.43	$10.41	9.8%

Health Care

Item	Cordova	National avg.	Difference
Optometrist	$143.30	$125.68	14.0%
Doctor	$134.50	$135.78	0.9%
Dentist	$120.11	$113.29	6.0%
Ibuprofen	$10.51	$10.65	1.3%
Lipitor	$377.86	$468.60	19.4%

Housing

Item	Cordova	National avg.	Difference
Home Price	$160,400.00	$184,700.00	13.2%
Avg. Mortgage Payment	$1,951.15	$2,346.69	16.9%
Apartment Rent	$0.00	$949.00	100.0%

Transportation

Item	Cordova	National avg.	Difference
Gasoline	$3.44	$3.46	0.5%
Tire Balancing	$62.39	$59.92	4.1%

Utilities

Item	Cordova	National avg.	Difference
All Electricity	$214.53	$193.99	10.6%
Phone	$195.25	$192.25	1.6%

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	Population	Cost of Living Index	National Avg.
West Denton, MD	14	102	1.7%
Henderson, MD	157	89	10.7%
Federalsburg, MD	2,668	93	7.5%
Greensboro, MD	2,873	98	2.3%
Hillsboro, MD	101	99	1.0%
Cordova, MD	551	97	2.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
River Falls, AL	551	83	17.1%
Centralia, KS	551	83	17.3%
Dearborn, MO	551	87	13.1%
Clara, MS	551	80	20.4%
Dustin, OK	551	74	26.5%
Cordova, MD	551	97	2.8%