F
Overall 36%
Goods & Services 15%
Housing 90%
Date & Last Updated: This data reflects 2020 and was released from C2ER in January, 2021; 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.
IndexGaithersburgMarylandNational
Cost of living136121100
Goods & Services115110100
Groceries114113100
Health care8785100
Housing190150100
Transportation115108100
Utilities111108100

Key findings

  • The cost of living in Gaithersburg is 12% higher than the Maryland average
  • The cost of living in Gaithersburg is 36% higher than the national average
  • Gaithersburg housing is 90% higher 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 Gaithersburg, MD Cost of Living

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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

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$115,968$9,664$2,706$3,479
      Renters$61,574$5,131$1,437$1,847
      The affordability of the housing market in Gaithersburg, MD as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Gaithersburg homeowners, the median income is $115,968. This indicates that a monthly maximum of $2,706 should be spent by homeowners on all housing related costs. Renters have a median income of $61,574. This indicates that renters would have a maximum of $1,437 for their rent related monthly 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

      ItemGaithersburgNational avg.Difference
      Haircut $31.92$18.6271.4%
      Beauty Salon $63.67$39.0563.1%
      Toothpaste $2.74$2.3417.0%
      Shampoo $1.43$1.0635.7%
      Movie $12.50$10.6817.0%
      Bowling $21.25$14.6744.8%

      Groceries

      ItemGaithersburgNational avg.Difference
      Ground Beef $4.70$4.2211.4%
      Fried Chicken $1.75$1.3926.5%
      Milk $2.49$2.0521.5%
      Potatoes $3.99$3.2921.3%
      Pizza $11.99$10.6212.9%
      Beer $10.99$9.3817.1%

      Health Care

      ItemGaithersburgNational avg.Difference
      Optometrist $75.00$108.5730.9%
      Doctor $97.00$116.1716.5%
      Dentist $87.00$99.1312.2%
      Ibuprofen $10.34$9.686.9%
      Lipitor $398.86$466.9214.6%

      Housing

      ItemGaithersburgNational avg.Difference
      Home Price $369,900.00$184,700.00100.3%
      Avg. Mortgage Payment $2,844.07$1,197.42137.5%
      Apartment Rent $1,586.00$949.0067.1%

      Transportation

      ItemGaithersburgNational avg.Difference
      Gasoline $2.44$2.229.8%
      Tire Balancing $62.00$50.0723.8%

      Utilities

      ItemGaithersburgNational avg.Difference
      All Electricity$193.98$167.6715.7%
      Phone $190.63$175.648.5%
      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.
      Cottage City, MD1,2091099%
      Bladensburg, MD9,50511212%
      Edmonston, MD1,54311515%
      Colmar Manor, MD1,63511717%
      Leisure World, MD9,21711616%
      Gaithersburg, MD66,10413636%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Victoria, TX66,13991-9%
      Yuba City, CA66,14711414%
      North Little Rock, AR66,04290-10%
      Eagan, MN65,87411313%
      Bayonne, NJ65,77212323%
      Gaithersburg, MD66,10413636%
      Source: The Gaithersburg, MD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2020.