Cost of Living in Maryland

Maryland has a cost of living index of 104.5, meaning overall expenses are 4.5% higher the national average. With 97 cities tracked in our database, the state offers a wide range of living situations from very affordable small towns to pricier metropolitan areas.

Housing is typically the largest expense category. Average rent in Maryland is approximately $2,667 per month, with significant variation between urban centers and rural communities. Median home values average around $888,682 statewide.

The state income tax rate in Maryland is 5.75%, which directly affects take-home pay. Factor this into salary comparisons when considering a move from states with different tax rates.