Halfway 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.
Cost of living index96121100
Goods & Services index102108100
Groceries index95119100
Health care index10186100
Housing index90150100
Transportation index88108100
Utilities index102108100
The above illustration supplies generalized information for the Halfway, MD cost of living index. Compared to other cities in Maryland and cities across the country, the cost of living index in Halfway, MD is 96, which is 21% lower than the Maryland average and 4% 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 Halfway, 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 Halfway is 21% lower than the Maryland average.
  • The cost of living in Halfway is 4% lower than the national average.
  • The cost of housing in Halfway is 10% 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 Halfway, MD Cost of living To Other Cities

Salary Calculator

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Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is used in order to provide a comparison of your current salary in Halfway, MD to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Halfway, MD, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Halfway, MD salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Halfway, 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 Halfway, MD homeowners, is $65,958. This would allow for a maximum of $1,539 per month to be spent on housing costs. For renters, the median monthly income is $47,239 which would result in a maximum of $1,102 to be spent on rental costs.

Maryland Sales Tax

StateGeneral Sales TaxWith Max Surtax

Maryland Income Tax

StateIncome Tax (Low)Income Tax (High)
One thing to keep in mind when considering the cost of living in Halfway, 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

ItemHalfwayNational 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%


ItemHalfwayNational 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

ItemHalfwayNational 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%


ItemHalfwayNational avg.Difference
Home Price $167,800.00$184,700.009.1%
Avg. Mortgage Payment $1,182.63$1,273.327.1%
Apartment Rent $824.00$949.0013.2%


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


ItemHalfwayNational 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.
Ernstville, MD1498-2%
Trego-Rohrersville Station, MD5198-2%
Downsville, MD36098-2%
Big Pool, MD6398-2%
Eakles Mill, MD098-2%
Halfway, MD11,07296-4%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Kaneohe Station, HI11,07218585%
Loganville, GA11,0721000%
Millington, TN11,06981-19%
Minnehaha, WA11,06811818%
Sierra Madre, CA11,06719191%
Halfway, MD11,07296-4%
Source: The Halfway, MD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.
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