Melwood 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.
IndexMelwoodMarylandNational
Cost of living index116121100
IndexMelwoodMarylandNational
Goods & Services index106108100
Groceries index126119100
Health care index10186100
Housing index135150100
Transportation index103108100
Utilities index98108100
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Did you know?

  • The cost of living in Melwood is 4% lower than the Maryland average.
  • The cost of living in Melwood is 16% higher than the national average.
  • The cost of housing in Melwood is 35% 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 Melwood, MD Cost of living To Other Cities

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      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$84,651$7,054$1,975$2,540
      Renters$34,032$2,836$794$1,021

      Maryland Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Maryland6%6%

      Maryland Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Maryland2%5.75%

      Goods & Services

      ItemMelwoodNational avg.Difference
      Haircut $24.50$17.4940.1%
      Beauty Salon $50.00$38.1731.0%
      Toothpaste $3.04$2.3231.0%
      Shampoo $1.23$1.0121.6%
      Movie $12.45$10.7216.1%
      Bowling $19.83$13.8643.1%

      Groceries

      ItemMelwoodNational avg.Difference
      Ground Beef $4.59$3.9017.7%
      Fried Chicken $1.69$1.4021.1%
      Milk $2.46$1.9625.4%
      Potatoes $4.66$3.1846.4%
      Pizza $11.99$10.3915.4%
      Beer $10.99$9.2319.1%

      Health Care

      ItemMelwoodNational avg.Difference
      Optometrist $102.00$106.344.1%
      Doctor $128.00$115.2511.1%
      Dentist $99.50$98.381.1%
      Ibuprofen $10.99$9.2618.7%
      Lipitor $398.50$466.4714.6%

      Housing

      ItemMelwoodNational avg.Difference
      Home Price $241,700.00$184,700.0030.9%
      Avg. Mortgage Payment $3,052.37$1,273.32139.7%
      Apartment Rent $1,375.00$949.0044.9%

      Transportation

      ItemMelwoodNational avg.Difference
      Gasoline $2.75$2.596.1%
      Tire Balancing $49.00$48.900.2%

      Utilities

      ItemMelwoodNational avg.Difference
      All Electricity$166.20$167.600.8%
      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.
      Rose Hill CDP (Lee County), VA70891-9%
      Woodlawn CDP (Carroll County), VA2,24793-7%
      Belle Haven town, VA5621011%
      Cottage City, MD1,2091099%
      Silver Hill, MD4,80211212%
      Melwood, MD3,23911616%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Mauriceville, TX3,23987-13%
      Ripley, WV3,23986-14%
      Denmark, SC3,23881-19%
      Strathmore, CA3,2401044%
      Weaverville, CA3,24111414%
      Melwood, MD3,23911616%
      Source: The Melwood, MD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.