Cost Of Living in Robinwood, 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	Robinwood	Maryland	National
Cost of living	115	119	100
Goods & Services	109	106	100
Groceries	108	106	100
Health care	97	97	100
Housing	137	150	100
Transportation	95	98	100
Utilities	110	111	100

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Cost Of Living Quick Facts

The cost of living in Robinwood is 3% lower than the Maryland average
The cost of living in Robinwood is 15% higher than the national average
Robinwood housing is 37% 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	$84,974	$7,081	$1,983	$2,549
Renters	$48,906	$4,076	$1,141	$1,467

The affordability of the housing market in Robinwood, MD as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Robinwood homeowners, the median income is $84,974. This indicates that a monthly maximum of $1,983 should be spent by homeowners on all housing related costs. Renters have a median income of $48,906. This indicates that renters would have a maximum of $1,141 for their rent related monthly costs.

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	Robinwood	National avg.	Difference
Haircut	$26.11	$24.26	7.6%
Beauty Salon	$70.08	$45.56	53.8%
Toothpaste	$3.81	$3.70	2.8%
Shampoo	$1.51	$1.28	17.9%
Movie	$15.69	$12.13	29.3%
Bowling	$24.83	$18.00	38.0%

Groceries

Item	Robinwood	National avg.	Difference
Ground Beef	$6.24	$5.84	6.9%
Fried Chicken	$1.40	$1.57	11.0%
Milk	$4.78	$4.67	2.2%
Potatoes	$5.49	$4.93	11.3%
Pizza	$12.56	$12.09	3.9%
Beer	$11.10	$10.41	6.6%

Health Care

Item	Robinwood	National avg.	Difference
Optometrist	$92.00	$125.68	26.8%
Doctor	$135.03	$135.78	0.5%
Dentist	$117.67	$113.29	3.9%
Ibuprofen	$11.52	$10.65	8.1%
Lipitor	$403.79	$468.60	13.8%

Housing

Item	Robinwood	National avg.	Difference
Home Price	$254,300.00	$184,700.00	37.7%
Avg. Mortgage Payment	$4,819.29	$2,346.69	105.4%
Apartment Rent	$1,278.00	$949.00	34.7%

Transportation

Item	Robinwood	National avg.	Difference
Gasoline	$3.25	$3.46	6.0%
Tire Balancing	$59.00	$59.92	1.5%

Utilities

Item	Robinwood	National avg.	Difference
All Electricity	$222.47	$193.99	14.7%
Phone	$197.37	$192.25	2.7%

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.
Sabillasville, MD	390	106	6.3%
Mercersville, MD	188	106	6.3%
Breathedsville, MD	281	106	6.3%
Trego-Rohrersville Station, MD	101	106	6.3%
Antietam, MD	45	106	6.3%
Robinwood, MD	7,482	115	15.4%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Albertville, MN	7,483	105	5.1%
Greenville, AL	7,478	85	15.3%
Hillcrest, NY	7,478	141	41.0%
Cotati, CA	7,487	164	64.4%
Belen, NM	7,476	88	12.2%
Robinwood, MD	7,482	115	15.4%

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 Robinwood, MD