Cost Of Living in Hampstead, MD

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B

11%

Overall NAT. AVG.

6%

Groceries NAT. AVG.

22%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Hampstead	Maryland	National
Cost of living	111	121	100
Groceries	106	105	100
Health care	107	109	100
Housing	122	151	100
Transportation	109	109	100
Utilities	105	108	100
Lifestyle & Entertainment	105	109	100
Household Items	107	105	100
Education & Childcare	110	112	100

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Homes For Sale In Hampstead, MD

1001 Scarlet Oak Ct Unit 2B

Hampstead, MD

3706 Singer St

Hampstead, MD

2439 Fairmount Rd #2

Hampstead, MD

1909 Hanover Pike

Hampstead, MD

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Cost Of Living Quick Facts

The cost of living in Hampstead is 8% lower than the Maryland average
The cost of living in Hampstead is 11% higher than the national average
Hampstead housing is 22% higher 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
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$130,558	$10,880	$3,046	$3,917
Renters	$51,930	$4,328	$1,212	$1,558

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Hampstead, 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 Hampstead homeowners, is $130,558. This would allow for a maximum of $3,046 per month to be spent on housing costs. For renters, the median monthly income is $51,930 which would result in a maximum of $1,212 to be spent on rental costs.

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%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Jefferson borough (Greene County), PA	258	88	12.2%
Midway, PA	1,044	89	11.3%
Midway borough, PA	913	90	10.3%
Hanover, PA	16,236	97	3.4%
McSherrystown, PA	3,193	97	3.0%
Hampstead, MD	6,569	111	11.4%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Monticello, NY	6,569	100	0.3%
Iowa Park, TX	6,568	89	11.4%
Barrington, NS	6,568	n/a
Stone Mountain, GA	6,567	95	4.9%
Westlock County, AB	6,565	n/a
Hampstead, MD	6,569	111	11.4%

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

Cost of Living in Hampstead, MD

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Median Income & Debt-To-Income Ratio

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Nearby cities with low cost of living

Cities with similar population