Cost Of Living in Frostburg, MD

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	Frostburg	Maryland	National
Cost of living	90	119	100
Goods & Services	95	106	100
Groceries	96	106	100
Health care	92	97	100
Housing	78	150	100
Transportation	94	98	100
Utilities	94	111	100

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Cost Of Living Quick Facts

The cost of living in Frostburg is 24% lower than the Maryland average
The cost of living in Frostburg is 10% lower than the national average
Frostburg housing is 22% lower 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
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	$65,216	$5,435	$1,522	$1,957
Renters	$20,218	$1,685	$472	$607

The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Frostburg, MD, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Frostburg, homeowners have a median income of $65,216. Using that number, a maximum of $1,522 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $20,218, which means there is a maximum of $472 to be spent on the costs of renting a home or apartment.

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	Frostburg	National avg.	Difference
Haircut	$29.44	$24.26	21.4%
Beauty Salon	$49.17	$45.56	7.9%
Toothpaste	$3.80	$3.70	2.6%
Shampoo	$1.15	$1.28	10.5%
Movie	$10.26	$12.13	15.4%
Bowling	$17.17	$18.00	4.6%

Groceries

Item	Frostburg	National avg.	Difference
Ground Beef	$5.63	$5.84	3.5%
Fried Chicken	$1.35	$1.57	14.2%
Milk	$4.56	$4.67	2.4%
Potatoes	$5.49	$4.93	11.3%
Pizza	$11.17	$12.09	7.6%
Beer	$10.15	$10.41	2.5%

Health Care

Item	Frostburg	National avg.	Difference
Optometrist	$126.67	$125.68	0.8%
Doctor	$137.65	$135.78	1.4%
Dentist	$100.44	$113.29	11.3%
Ibuprofen	$10.20	$10.65	4.3%
Lipitor	$375.63	$468.60	19.8%

Housing

Item	Frostburg	National avg.	Difference
Home Price	$144,300.00	$184,700.00	21.9%
Avg. Mortgage Payment	$1,880.59	$2,346.69	19.9%
Apartment Rent	$730.00	$949.00	23.1%

Transportation

Item	Frostburg	National avg.	Difference
Gasoline	$3.46	$3.46	0.1%
Tire Balancing	$47.54	$59.92	20.7%

Utilities

Item	Frostburg	National avg.	Difference
All Electricity	$178.61	$193.99	7.9%
Phone	$185.45	$192.25	3.5%

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.
Ocean, MD	0	95	5.2%
Clarysville, MD	40	95	5.2%
Spring Gap, MD	38	95	5.2%
Danville, MD	526	95	5.2%
National, MD	62	95	5.2%
Frostburg, MD	8,550	90	10.3%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Woodbury CDP, NY	8,549	198	97.5%
Closter, NJ	8,551	180	80.0%
Rapid Valley, SD	8,553	97	3.1%
Hornsby Bend, TX	8,553	102	2.1%
Helena Valley Southeast, MT	8,546	101	0.5%
Frostburg, MD	8,550	90	10.3%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Frostburg, MD