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 112, which is 1.1x higher than the national index of 100.
Compared to Maryland, Hampstead has a cost of living index that's 0.9x lower than Maryland's index of 121.
The standard of living in Hampstead ranks as #25 most affordable out of the 195 places we measured in Maryland. By definition, that implies Hampstead ranks as the #170 most expensive place in the Old Line State.
For more reading on life in Hampstead, check out:
Hampstead Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Hampstead. Here is how it fares on each of the criteria:
The Services index in Hampstead is 108.
The Groceries index in Hampstead is 108.
The Health index in Hampstead is 121.
The Housing index in Hampstead is 110.
The Transportation index in Hampstead is 107.
The Utilities index in Hampstead is 106.
| Living Expense | Hampstead | Maryland | National Average |
|---|---|---|---|
| Overall | 112 | 121 | 100 |
| Services | 108 | 104 | 100 |
| Groceries | 108 | 107 | 100 |
| Health | 121 | 152 | 100 |
| Housing | 110 | 109 | 100 |
| Transportation | 107 | 108 | 100 |
| Utilities | 106 | 109 | 100 |
Hampstead Cost Of Living Compared To Maryland Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Maryland, check out:
Protect your home budget Compare home warranties in Hampstead Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Hampstead, MD Housing Cost Breakdown
Housing swings affordability the most between places in Maryland, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Hampstead is $439,359.
The Median Rent in Hampstead is $1,309.
The Median Income in Hampstead is $97,871.
The Home Value To Income in Hampstead is 4.5x.
The Rent To Monthly Income in Hampstead is 0.16x.
Hampstead, MD Costs By Category
Detailed Hampstead Services costs vs. Maryland
Detailed Hampstead Groceries costs vs. Maryland
Detailed Hampstead Health costs vs. Maryland
Detailed Hampstead Transportation costs vs. Maryland
Hampstead SnackAbility
Cost Of Living In Cities Around Hampstead
The cost of living varies in the cities and towns around Hampstead. Here's a quick look at the cost of living in the most populous nearby places:
Towson, MD has a cost of living index of 135, 1.2x Hampstead.
Randallstown, MD has a cost of living index of 117, 1.0x Hampstead.
Pikesville, MD has a cost of living index of 130, 1.2x Hampstead.
| City | Population | Cost Of Living | Vs. Hampstead |
|---|---|---|---|
| Towson, MD | 58,679 | 135 | 1.2x |
| Randallstown, MD | 35,957 | 117 | 1.0x |
| Pikesville, MD | 33,524 | 130 | 1.2x |
| Eldersburg, MD | 31,695 | 134 | 1.2x |
| Reisterstown, MD | 25,582 | 115 | 1.0x |
| Westminster, MD | 20,445 | 114 | 1.0x |
| Hanover, PA | 16,584 | 98 | 0.9x |
| Mays Chapel, MD | 16,066 | 139 | 1.2x |
| Timonium, MD | 10,304 | 133 | 1.2x |
| Parkville, PA | 8,128 | 98 | 0.9x |
