Cost of living in Maryland

Statewide averages from BEA, with every metro area in the state compared.

Overall prices vs US average 105.0 5.0% more expensive than the US officialBEA, 2024. US = 100
Rank among 51 states and DC 8th 1st = most expensive derivedFrom BEA, 2024
Housing (rents) vs US average 121.1 10th highest housing costs officialBEA, 2024. US = 100
Income per person, adjusted for prices $61,111 16th of 51, in 2017 dollars officialBEA real personal income, 2024

What the numbers say

  • Overall prices in Maryland are 5.0% above the national average, the 8th most expensive of 51 states and DC (BEA 2024).
  • Housing is the main reason prices in Maryland differ from the national level: housing costs (rents) are 21.1% above the US average, while goods are 2.5% above average and other services 1.6% above average.
  • Within Maryland, metro price levels run from 94.2 in Hagerstown, MD to 108.9 in Washington, DC (US = 100).
  • After adjusting for local prices, personal income per person is $61,111 in 2017 dollars, 16th of 51 (BEA 2024).
  • Maryland has held its position since 2019, but over the longer run it has grown less expensive relative to the US: the index was 108.8 in 2008 and 105.0 in 2024.

Written from this page's own figures. Price levels are for an average household basket and do not include taxes. How we calculate.

Where the money goes

Statewide price levels by category. Cities and rural areas within the state can differ a lot; see the metro table below.

In Maryland, housing is the category furthest from the US average: 21.1% above

Price level by category, 2024. US average = 100.

All items
Maryland: 105.0
Goods
Maryland: 102.5
Housing (rents)
Maryland: 121.1
Utilities
Maryland: 110.9
Other services
Maryland: 101.6

Bars to the right of the line cost more than the US average; to the left, less.

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
Maryland
All items105.0
Goods102.5
Housing (rents)121.1
Utilities110.9
Other services101.6

Gas prices

Regular gasoline averaged $4.31 a gallon in the Central Atlantic region in the week of October 19, 2026, $0.03 more than the US average of $4.28. EIA does not publish a separate weekly figure for Maryland, so this is the regional average. official

Work out your commute's gas cost

Source: U.S. Energy Information Administration, weekly retail gasoline prices, regular grade, including taxes.

Cheapest places to live in Maryland

By overall prices, the cheapest of the 6 metro areas BEA measures in Maryland are Hagerstown, MD (94.2), Salisbury, MD (95.6) and Lexington Park, MD (100.8); the most expensive is Washington, DC (108.9). US average = 100, BEA 2024. Rural areas are not listed separately.

Hagerstown, MD is the cheapest metro area in Maryland (94.2); Washington, DC the most expensive (108.9)

Overall price level, 2024. US average = 100.

Hagerstown, MD Spans MD, WV
All items: 94.2
Salisbury, MD
All items: 95.6
Lexington Park, MD
All items: 100.8
Philadelphia, PA Spans PA, NJ, DE, MD
All items: 102.6
Baltimore, MD
All items: 104.5
Washington, DC Spans DC, VA, MD, WV
All items: 108.9

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).

Show the numbers
All items
Hagerstown, MD94.2
Salisbury, MD95.6
Lexington Park, MD100.8
Philadelphia, PA102.6
Baltimore, MD104.5
Washington, DC108.9
Metro area Overall Housing Goods Utilities Other services Typical rent
Hagerstown, MD 94.2 75.7 96.4 95.7 99.5 $1,614
Salisbury, MD 95.6 87.2 96.6 102.8 99.0 $1,947
Lexington Park, MD 100.8 103.8 99.7 106.4 100.3 $2,029
Philadelphia, PA 102.6 113.1 96.8 114.4 103.1 $1,903
Baltimore, MD 104.5 118.2 102.4 110.2 101.5 $1,937
Washington, DC 108.9 151.1 104.8 106.7 102.3 $2,407

Price levels: BEA, 2024, US = 100. Rent: Data Provided by Zillow Group, September 2026.

How prices have changed since 2008

Price levels relative to the whole country in each year, not inflation.

Maryland has become less expensive relative to the US since 2008: 108.8 then, 105.0 now

Overall price level each year, 2008–2024. US average = 100.

US average = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
Maryland
2008108.8
2009110.4
2010108.4
2011109.3
2012107.4
2013108.5
2014107.9
2015107.9
2016107.2
2017106.8
2018106.3
2019105.1
2020106.4
2021106.1
2022104.9
2023104.6
2024105.0

Goods: 104.8 in 2008, 102.5 in 2024

US = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
Maryland
2008104.8
2009107.8
2010104.0
2011104.8
2012103.6
2013104.6
2014102.7
2015102.0
2016102.4
2017101.9
2018102.4
2019101.2
2020102.4
2021103.5
2022102.9
2023103.2
2024102.5

Housing (rents): 132.4 in 2008, 121.1 in 2024

US = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
Maryland
2008132.4
2009134.6
2010133.4
2011135.5
2012133.6
2013137.4
2014136.3
2015131.5
2016128.8
2017127.7
2018128.3
2019128.3
2020128.1
2021124.2
2022123.0
2023119.9
2024121.1

Utilities: 123.9 in 2008, 110.9 in 2024

US = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
Maryland
2008123.9
2009128.5
2010114.4
2011108.4
2012105.9
2013107.9
2014102.9
2015107.2
2016114.1
2017108.7
2018103.0
2019104.0
2020104.6
2021105.1
2022102.1
2023108.7
2024110.9

Other services: 104.0 in 2008, 101.6 in 2024

US = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
Maryland
2008104.0
2009104.1
2010103.9
2011105.0
2012102.7
2013103.0
2014103.7
2015105.1
2016103.9
2017103.8
2018102.8
2019101.1
2020102.4
2021102.4
2022101.1
2023100.8
2024101.6

What incomes buy here

BEA divides personal income by local prices, so a dollar in a cheap state counts for more. This is income per resident (wages, benefits, investment income), not household or take-home pay.

After adjusting for prices, income per person in Maryland is $61,111, 16th of 51

Real personal income per person, constant 2017 dollars (adjusted for local price levels and inflation).

  • Maryland
  • United States

Source: U.S. Bureau of Economic Analysis, real personal income by state (SARPI), 2008–2024.

Show the numbers
MarylandUnited States
2008$50,570$45,816
2009$49,411$44,204
2010$50,629$44,808
2011$51,117$45,957
2012$51,751$46,796
2013$49,964$46,358
2014$50,722$47,661
2015$52,499$49,396
2016$53,830$49,828
2017$54,690$51,006
2018$55,341$52,242
2019$56,850$53,683
2020$58,410$56,514
2021$59,999$59,365
2022$58,193$57,104
2023$59,922$58,088
2024$61,111$59,195

Compare Maryland with other states

States with similar prices

All states ranked · States ranked by what income buys

Compare two cities

Sources and limits

  • Price levels and real income: U.S. Bureau of Economic Analysis (BEA), Regional Price Parities and real personal income by state, 2008–2024. Last updated February 19, 2026: new statistics for 2024; revised statistics for 2008-2023. Downloaded 2026-10-21.
  • Metro price levels: BEA Regional Price Parities by metro area. Typical rent: Data Provided by Zillow Group.
  • State figures average cities and rural areas. Taxes are not included. BEA figures lag by about 18 months.

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