Cost Of Living in New Market, MD

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F

45%

Overall NAT. AVG.

4%

Groceries NAT. AVG.

133%

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	New Market	Maryland	National
Cost of living	145	121	100
Groceries	104	105	100
Health care	110	109	100
Housing	233	151	100
Transportation	108	109	100
Utilities	109	108	100
Lifestyle & Entertainment	110	109	100
Household Items	105	105	100
Education & Childcare	111	112	100

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Homes For Sale In New Market, MD

11132 Worchester Dr

New Market, MD

5803 Whiterose Way

New Market, MD

6967 Mandalong Way

New Market, MD

6984 Meadowpoint Ter

New Market, MD

Cost Of Living Quick Facts

The cost of living in New Market is 20% higher than the Maryland average
The cost of living in New Market is 45% higher than the national average
New Market housing is 133% 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	$242,412	$20,201	$5,656	$7,273
Renters	$123,507	$10,292	$2,882	$3,706

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.
Middleburg, MD	0	108	7.7%
Union Bridge, MD	993	107	7.1%
Westminster, MD	19,096	115	14.8%
Libertytown, MD	855	117	16.8%
Frederick, MD	73,590	120	20.2%
New Market, MD	1,589	145	45.4%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Brodhead, KY	1,589	83	17.3%
Elizabethville, PA	1,589	89	10.9%
Shoreacres, TX	1,589	114	13.5%
St. Jacob, IL	1,590	99	1.2%
Charlestown, MD	1,590	116	16.0%
New Market, MD	1,589	145	45.4%

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 New Market, MD

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Cost Of Living Quick Facts

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Median Income & Debt-To-Income Ratio

Maryland Sales Tax

Maryland Income Tax

Nearby cities with low cost of living

Cities with similar population