Hagerstown 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.
IndexHagerstownMarylandNational
Cost of living index94121100
IndexHagerstownMarylandNational
Goods & Services index102108100
Groceries index95119100
Health care index10186100
Housing index82150100
Transportation index88108100
Utilities index102108100
The above illustration supplies generalized information for the Hagerstown, MD cost of living index. Compared to other cities in Maryland and cities across the country, the cost of living index in Hagerstown, MD is 94, which is 23% lower than the Maryland average and 6% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Hagerstown, MD are 6% lower than the average for Maryland and 2% higher than the rest of the country.
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Did you know?

  • The cost of living in Hagerstown is 23% lower than the Maryland average.
  • The cost of living in Hagerstown is 6% lower than the national average.
  • The cost of housing in Hagerstown is 18% lower 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.

Compare Hagerstown, MD Cost of living To Other Cities

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      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Use the salary calculator to compare your current salary in Hagerstown, MD to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Hagerstown, MD, then you would need to earn more income in order to maintain the same standard of living. To use the Hagerstown, MD salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$59,550$4,963$1,389$1,787
      Renters$27,946$2,329$652$838
      If you want to find a good determining factor for the cost of living and the general affordability of housing in Hagerstown, 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 Hagerstown, MD, the median monthly income is $59,550 for those who own their own homes. Under the standard rule, that income level would allow for $1,389 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $27,946, per the median income in the area. That would allow for renters to spend up to $652 on monthly rental expenses.

      Maryland Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Maryland6%6%

      Maryland Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Maryland2%5.75%
      One thing to keep in mind when considering the cost of living in Hagerstown, MD is the Maryland sales tax and Maryland income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Maryland sales tax rate is 6% and the maximum surtax that can be charged is 6%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Maryland income tax rates range from 2% to 5.75%.

      Goods & Services

      ItemHagerstownNational avg.Difference
      Haircut $10.75$17.4938.5%
      Beauty Salon $33.40$38.1712.5%
      Toothpaste $3.12$2.3234.4%
      Shampoo $1.39$1.0137.4%
      Movie $10.65$10.720.7%
      Bowling $16.00$13.8615.4%

      Groceries

      ItemHagerstownNational avg.Difference
      Ground Beef $3.87$3.900.8%
      Fried Chicken $1.32$1.405.4%
      Milk $1.82$1.967.2%
      Potatoes $2.98$3.186.4%
      Pizza $11.50$10.3910.6%
      Beer $10.82$9.2317.2%

      Health Care

      ItemHagerstownNational avg.Difference
      Optometrist $111.50$106.344.9%
      Doctor $122.50$115.256.3%
      Dentist $95.65$98.382.8%
      Ibuprofen $9.86$9.266.5%
      Lipitor $468.58$466.470.5%

      Housing

      ItemHagerstownNational avg.Difference
      Home Price $149,400.00$184,700.0019.1%
      Avg. Mortgage Payment $1,182.63$1,273.327.1%
      Apartment Rent $813.00$949.0014.3%

      Transportation

      ItemHagerstownNational avg.Difference
      Gasoline $2.55$2.591.6%
      Tire Balancing $36.25$48.9025.9%

      Utilities

      ItemHagerstownNational avg.Difference
      All Electricity$177.43$167.605.9%
      Phone $175.14$163.427.2%
      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.
      Kemps Mill, MD3398-2%
      Mercersville, MD7498-2%
      Downsville, MD36098-2%
      Trego-Rohrersville Station, MD5198-2%
      Fairview, MD098-2%
      Hagerstown, MD40,32594-6%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Holyoke, MA40,28011010%
      Hickory, NC40,27496-4%
      La Puente, CA40,38412828%
      Carol Stream, IL40,22811111%
      Marana, AZ40,2211077%
      Hagerstown, MD40,32594-6%
      Source: The Hagerstown, MD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.