Cost Of Living in Oakland, MD

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A+

4%

Overall NAT. AVG.

4%

Groceries NAT. AVG.

2%

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	Oakland	Maryland	National
Cost of living	96	121	100
Groceries	97	105	100
Health care	93	109	100
Housing	102	151	100
Transportation	96	109	100
Utilities	91	108	100
Lifestyle & Entertainment	93	109	100
Household Items	94	105	100
Education & Childcare	89	112	100

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Homes For Sale In Oakland, MD

17921 Garrett Hwy

Oakland, MD

Maple Del Ln

Oakland, MD

29 Woodmont Ln

Oakland, MD

565 Glendale Rd Unit 303B

Oakland, MD

Cost Of Living Quick Facts

The cost of living in Oakland is 20% lower than the Maryland average
The cost of living in Oakland is 4% lower than the national average
Oakland housing is 2% 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	$113,860	$9,488	$2,657	$3,416
Renters	$35,906	$2,992	$838	$1,077

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.
Aurora, WV	204	94	6.2%
Gorman, MD	200	94	6.2%
Swanton, MD	0	94	6.2%
Hutton, MD	67	94	6.2%
Crellin, MD	60	94	6.2%
Oakland, MD	2,152	96	3.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
St. Charles, MI	2,152	82	17.5%
Morrisville, NY	2,152	98	1.7%
Rainier, OR	2,152	109	9.4%
Arnold, CA	2,151	129	28.6%
Choctaw Lake, OH	2,151	107	6.7%
Oakland, MD	2,152	96	3.8%

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 Oakland, MD

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Cost Of Living Quick Facts

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Median Income & Debt-To-Income Ratio

Maryland Sales Tax

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Nearby cities with low cost of living

Cities with similar population