Middle River, Maryland Cost Of Living

B+

4%

Overall NAT. AVG.

11%

Goods & Services NAT. AVG.

5%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2023; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Middle River	Maryland	National
Cost of living	104	121	100
Goods & Services	111	112	100
Groceries	114	111	100
Health care	90	87	100
Housing	95	150	100
Transportation	101	103	100
Utilities	105	107	100

New Real Estate Listings in Middle River Area

For Sale For Rent

Search

Search Homes for Sale in Middle River, MD

See How Much House You Can Afford. Get Pre-Approved Today

Cost Of Living Quick Facts

The cost of living in Middle River is 14% lower than the Maryland average
The cost of living in Middle River is 4% higher than the national average
Middle River housing is 5% lower than the national average
Maryland general sales tax is 18% higher than the national average
Maryland state income tax is 11% lower than the national average

Most Affordable Places to Live in and Around Middle River

See all the best places to live around Middle River

Compare Middle River, MD Cost of Living

Write a review to give others more information about this area.

See all Middle River poll results

The best places in Maryland

Here are the best places to live in Maryland

These are the 10 most affordable cities in Maryland

10 Best cities in Maryland for employment

See the best places to live in & around Middle River

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

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$79,190	$6,599	$1,848	$2,376
Renters	$50,625	$4,219	$1,181	$1,519

The affordability of the housing market in Middle River, MD as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Middle River homeowners, the median income is $79,190. This indicates that a monthly maximum of $1,848 should be spent by homeowners on all housing related costs. Renters have a median income of $50,625. This indicates that renters would have a maximum of $1,181 for their rent related monthly 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%

Goods & Services

Item	Middle River	National avg.	Difference
Haircut	$23.96	$22.08	8.5%
Beauty Salon	$56.91	$42.88	32.7%
Toothpaste	$3.63	$2.57	41.6%
Shampoo	$1.22	$1.15	6.0%
Movie	$13.48	$11.51	17.2%
Bowling	$21.86	$16.62	31.6%

Groceries

Item	Middle River	National avg.	Difference
Ground Beef	$5.42	$4.98	8.9%
Fried Chicken	$1.96	$1.58	23.7%
Milk	$2.45	$2.42	1.4%
Potatoes	$4.59	$3.54	29.7%
Pizza	$12.66	$11.49	10.2%
Beer	$10.53	$10.04	4.9%

Health Care

Item	Middle River	National avg.	Difference
Optometrist	$87.78	$117.76	25.5%
Doctor	$80.00	$125.34	36.2%
Dentist	$115.58	$107.52	7.5%
Ibuprofen	$11.09	$10.26	8.1%
Lipitor	$449.94	$459.24	2.0%

Housing

Item	Middle River	National avg.	Difference
Home Price	$197,700.00	$184,700.00	7.0%
Avg. Mortgage Payment	$1,699.65	$1,697.41	0.1%
Apartment Rent	$1,328.00	$949.00	39.9%

Transportation

Item	Middle River	National avg.	Difference
Gasoline	$3.67	$3.85	4.6%
Tire Balancing	$64.59	$57.01	13.3%

Utilities

Item	Middle River	National avg.	Difference
All Electricity	$186.11	$177.27	5.0%
Phone	$196.85	$189.62	3.8%

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	Population	Cost of Living Index	National Avg.
Fairlee, MD	519	85	15.1%
Bel Air CDP, MD	1,383	100	0.3%
Dundalk, MD	63,826	101	1.4%
Baltimore, MD	602,274	102	2.0%
Edesville, MD	163	103	2.8%
Middle River, MD	29,665	104	3.9%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
San Carlos, CA	29,647	234	133.5%
Westfield, NJ	29,690	168	67.8%
Rahway, NJ	29,691	119	18.6%
Kent, OH	29,698	90	9.8%
Leamington, ON	29,703	n/a
Middle River, MD	29,665	104	3.9%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2023; this is the most current data available.