Hampstead, MD Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
109
Hampstead's Overall Cost Of Living
1.1x
Higher Than The National Average
28 out of 188
In Maryland
4,038 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Hampstead is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Hampstead, MD?

According to the most recent data on the cost of living, Hampstead has an overall cost of living index of 109 which is 1.1x higher than the national index of 100.

Compared to only Maryland, Hampstead has a cost of living index that's 0.9x lower than Maryland's index of 120.

The standard of living in Hampstead ranks as #4,039 most affordable out of the 6,418 places we measured in Maryland. By definition, that implies Hampstead ranks as the #2,380 most expensive place in the Old Line State.

For more reading on life in Hampstead, check out:

Hampstead Cost Of Living Vs. Maryland

Living Expense Hampstead Maryland National Average
Overall 109 120 100
Services 104 111 100
Groceries 114 114 100
Health 86 84 100
Housing 116 151 100
Transportation 103 109 100
Utilities 105 108 100
For more reading on cost of living around Maryland, check out:
Hampstead Cost of Living Vs. MD

Hampstead, MD Housing Cost Breakdown

Housing swings affordability the most between places in Maryland, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$245,700
Median Home Value
$842
Median Rent
$75,392
Median Income
Statistic Hampstead Maryland United States
Median Home Value $245,700 $325,400 $229,800
Median Rent $842 $1,415 $1,096
Median Income $75,392 $87,063 $64,994
Home Value To Income 3.3x 3.7x 3.5x
Rent To Monthly Income 0.13x 0.2x 0.2x

Detailed Hampstead Services Costs Vs. Maryland

Item Hampstead Maryland
Shampoo $1.0 $1.06
Movie $13.19 $10.68
Bowling $17.08 $14.67

Detailed Hampstead Groceries Costs Vs. Maryland

Item Hampstead Maryland
Ground Beef $4.27 $4.22
Fried Chicken $1.66 $1.39
Milk $2.39 $2.05

Detailed Hampstead Health Costs Vs. Maryland

Item Hampstead Maryland
Haircut $22.28 $18.62
Beauty Salon $52.83 $39.05
Toothpaste $4.47 $2.34

Detailed Hampstead Transportation Costs Vs. Maryland

Item Hampstead Maryland
Potatoes $4.1 $3.29
Pizza $11.99 $10.62
Beer $9.19 $9.38
Optometrist $82.95 $108.57
Doctor $93.69 $116.17
Dentist $84.98 $99.13

Detailed Hampstead Utilities Costs Vs. Maryland

Item Hampstead Maryland
Gasoline $2.15 $2.22
Tire Balancing $54.77 $50.07
All Electricity $176.72 $167.67
Phone $192.13 $175.64

Hampstead SnackAbility

5
/10
Overall SnackAbility
Jobs
7/10
Housing
8
Affordability
8
Diversity
6
Safety
N/A
Amenities
8
Education
8.5
Commute
3

Cost Of Living In Cities Around Hampstead

City Population Cost Of Living Vs. Hampstead
Towson, MD 57,542 123 1.1x
Randallstown, MD 35,661 109 1.0x
Pikesville, MD 32,871 123 1.1x
Eldersburg, MD 30,550 126 1.2x
Reisterstown, MD 27,804 112 1.0x
Westminster, MD 18,649 108 1.0x
Hanover, PA 15,675 96 0.9x
Mays Chapel, MD 12,229 130 1.2x
Timonium, MD 10,642 133 1.2x
Parkville, PA 7,345 100 0.9x

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