Cost Of Living in New Windsor, 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	New Windsor	Maryland	National
Cost of living	116	119	100
Goods & Services	103	106	100
Groceries	105	106	100
Health care	98	97	100
Housing	145	150	100
Transportation	101	98	100
Utilities	111	111	100

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Cost Of Living Quick Facts

The cost of living in New Windsor is 2% lower than the Maryland average
The cost of living in New Windsor is 16% higher than the national average
New Windsor housing is 45% 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
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	$102,727	$8,561	$2,397	$3,082
Renters	$33,571	$2,798	$783	$1,007

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	New Windsor	National avg.	Difference
Haircut	$28.33	$24.26	16.8%
Beauty Salon	$58.17	$45.56	27.7%
Toothpaste	$3.69	$3.70	0.3%
Shampoo	$1.44	$1.28	12.7%
Movie	$13.69	$12.13	12.9%
Bowling	$23.03	$18.00	27.9%

Groceries

Item	New Windsor	National avg.	Difference
Ground Beef	$6.23	$5.84	6.7%
Fried Chicken	$1.39	$1.57	11.4%
Milk	$4.73	$4.67	1.2%
Potatoes	$5.46	$4.93	10.7%
Pizza	$13.24	$12.09	9.5%
Beer	$10.36	$10.41	0.5%

Health Care

Item	New Windsor	National avg.	Difference
Optometrist	$114.22	$125.68	9.1%
Doctor	$133.22	$135.78	1.9%
Dentist	$117.22	$113.29	3.5%
Ibuprofen	$11.10	$10.65	4.2%
Lipitor	$401.39	$468.60	14.3%

Housing

Item	New Windsor	National avg.	Difference
Home Price	$287,000.00	$184,700.00	55.4%
Avg. Mortgage Payment	$1,906.29	$2,346.69	18.8%
Apartment Rent	$1,153.00	$949.00	21.5%

Transportation

Item	New Windsor	National avg.	Difference
Gasoline	$3.46	$3.46	0.1%
Tire Balancing	$62.66	$59.92	4.6%

Utilities

Item	New Windsor	National avg.	Difference
All Electricity	$223.91	$193.99	15.4%
Phone	$199.62	$192.25	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.
Middleburg, MD	0	104	3.9%
Littlestown, PA	4,494	103	3.0%
Union Bridge, MD	963	104	4.3%
Hampstead, MD	6,403	109	8.6%
Taneytown, MD	6,837	110	10.1%
New Windsor, MD	1,387	116	16.3%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Ferndale, CA	1,387	136	35.6%
Westwood, CA	1,387	96	4.3%
Spencer, TN	1,387	80	19.8%
Elroy, WI	1,387	91	9.5%
Powerview-Pine Falls, MB	1,387	n/a
New Windsor, MD	1,387	116	16.3%

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 New Windsor, MD