Joppatowne 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.
IndexJoppatowneMarylandNational
Cost of living index112121100
IndexJoppatowneMarylandNational
Goods & Services index105108100
Groceries index116119100
Health care index8486100
Housing index129150100
Transportation index102108100
Utilities index104108100
A general summary of the cost of living index in Joppatowne, MD is shown above. Compared to the state average of Maryland the cost of living index in Joppatowne, MD is 112, which is 7% lower than the average in Maryland and compared to the national average it is 12% higher than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Joppatowne, MD goods and services come in at 3% lower than the average in Maryland and are 5% higher than compared to the nationwide average.
How would you rate the cost of living in Joppatowne?
Write a review to give others more information about this area.
Is the cost of living increasing or decreasing in Joppatowne?
Write a review to give others more information about this area.

Did you know?

  • The cost of living in Joppatowne is 7% lower than the Maryland average.
  • The cost of living in Joppatowne is 12% higher than the national average.
  • The cost of housing in Joppatowne is 29% higher 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 Joppatowne, MD Cost of living To Other Cities

      vs

      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
      Use the salary calculator to compare your current salary in Joppatowne, 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 Joppatowne, MD, then you would need to earn more income in order to maintain the same standard of living. To use the Joppatowne, 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$76,632$6,386$1,788$2,299
      Renters$42,273$3,523$986$1,268
      One can approximate the cost of living and the housing affordability in Joppatowne, MD by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Joppatowne, MD have a median income of $76,632. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,788 per month to avoid calamity and poverty. The renters in the city have an income of about $42,273, which would make their monthly maximum allowable rental costs $986.

      Maryland Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Maryland6%6%

      Maryland Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Maryland2%5.75%
      When you are determining the total cost of living in Joppatowne, MD you will want to make sure you consider both the Maryland sales tax and the Maryland income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Maryland is 6%, with the highest surtax being 6%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Maryland have a range from 2% to 5.75%.

      Goods & Services

      ItemJoppatowneNational avg.Difference
      Haircut $21.67$17.4923.9%
      Beauty Salon $57.50$38.1750.6%
      Toothpaste $5.64$2.32143.0%
      Shampoo $0.99$1.012.2%
      Movie $13.19$10.7223.0%
      Bowling $20.00$13.8644.3%

      Groceries

      ItemJoppatowneNational avg.Difference
      Ground Beef $4.32$3.9010.8%
      Fried Chicken $1.60$1.4014.6%
      Milk $2.39$1.9621.8%
      Potatoes $4.32$3.1835.7%
      Pizza $10.99$10.395.7%
      Beer $9.19$9.230.4%

      Health Care

      ItemJoppatowneNational avg.Difference
      Optometrist $82.95$106.3422.0%
      Doctor $93.69$115.2518.7%
      Dentist $84.98$98.3813.6%
      Ibuprofen $8.99$9.262.9%
      Lipitor $370.40$466.4720.6%

      Housing

      ItemJoppatowneNational avg.Difference
      Home Price $246,600.00$184,700.0033.5%
      Avg. Mortgage Payment $1,602.22$1,273.3225.8%
      Apartment Rent $1,131.00$949.0019.2%

      Transportation

      ItemJoppatowneNational avg.Difference
      Gasoline $2.54$2.591.9%
      Tire Balancing $54.77$48.9012.0%

      Utilities

      ItemJoppatowneNational avg.Difference
      All Electricity$173.73$167.603.7%
      Phone $189.30$163.4215.8%
      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.
      Worton, MD611055%
      Fairlee, MD33183-17%
      Bel Air CDP, MD1,38399-1%
      Butlertown, MD33499-1%
      Dundalk, MD62,3371000%
      Joppatowne, MD12,53411212%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Windsor Locks, CT12,53711414%
      Gatesville, TX12,53881-19%
      Lakeland, TN12,5411000%
      Palos Heights, IL12,54412222%
      Cambridge, MD12,5521044%
      Joppatowne, MD12,53411212%
      Source: The Joppatowne, MD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.