Taneytown, MD Cost Of Living

The latest cost of living statistics for Taneytown. Includes statistics on rent, mortgages, healthcare, and other costs for Taneytown compared to the state and national averages.

Cost of living in Taneytown, Maryland

Cost of living in Taneytown research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Taneytown is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Maryland, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

113 Cost of living index 1.1x higher vs US
#28 Cheapest in Maryland (of 195)
#3,814 Cheapest in the U.S. (of 6,489)
$395,402 Median home value
$1,059 Median rent
$87,621 Median income
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What is the cost of living in Taneytown, MD?

According to the most recent data on the cost of living, Taneytown has an overall cost of living index of 113, which is 1.1x higher than the national index of 100.

Compared to Maryland, Taneytown has a cost of living index that's 0.9x lower than Maryland's index of 121.

The standard of living in Taneytown ranks as #28 most affordable out of the 195 places we measured in Maryland. By definition, that implies Taneytown ranks as the #167 most expensive place in the Old Line State.

For more reading on life in Taneytown, check out:

Taneytown Cost Of Living Vs. Maryland

Six factors go into calculating the cost of living index in Taneytown. Here is how it fares on each of the criteria:

  • The Services index in Taneytown is 106.

  • The Groceries index in Taneytown is 108.

  • The Health index in Taneytown is 128.

  • The Housing index in Taneytown is 110.

  • The Transportation index in Taneytown is 110.

  • The Utilities index in Taneytown is 109.

Living Expense Taneytown Maryland National Average
Overall 113 121 100
Services 106 104 100
Groceries 108 107 100
Health 128 152 100
Housing 110 109 100
Transportation 110 108 100
Utilities 109 109 100

Taneytown Cost Of Living Compared To Maryland Averages

Services
Taneytown 106
Maryland avg 104
Groceries
Taneytown 108
Maryland avg 107
Health
Taneytown 128
Maryland avg 152
Housing
Taneytown 110
Maryland avg 109
Transportation
Taneytown 110
Maryland avg 108
Utilities
Taneytown 109
Maryland avg 109

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Maryland, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Taneytown, MD Housing Cost Breakdown

$395,402Median Home Value
$1,059Median Rent
$87,621Median Income

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 Taneytown is $395,402.

  • The Median Rent in Taneytown is $1,059.

  • The Median Income in Taneytown is $87,621.

  • The Home Value To Income in Taneytown is 4.5x.

  • The Rent To Monthly Income in Taneytown is 0.15x.

Statistic Taneytown Maryland United States
Median Home Value $395,402 $429,704 $332,700
Median Rent $1,059 $1,705 $1,413
Median Income $87,621 $103,678 $80,734
Home Value To Income 4.5x 4.1x 4.1x
Rent To Monthly Income 0.15x 0.2x 0.21x

Taneytown, MD Costs By Category

Detailed Taneytown Services costs vs. Maryland
Item Taneytown Maryland
Shampoo $1.44 $1.28
Movie $13.69 $12.13
Bowling $23.03 $18
Haircut $28.33 $24.26
Beauty Salon $58.17 $45.56
Detailed Taneytown Groceries costs vs. Maryland
Item Taneytown Maryland
Ground Beef $6.23 $5.84
Fried Chicken $1.39 $1.57
Milk $4.73 $4.67
Potatoes $5.46 $4.93
Pizza $13.24 $12.09
Beer $10.36 $10.41
Toothpaste $3.69 $3.7
Detailed Taneytown Health costs vs. Maryland
Item Taneytown Maryland
Optometrist $114.22 $125.68
Doctor $133.22 $135.78
Dentist $117.22 $113.29
Detailed Taneytown Transportation costs vs. Maryland
Item Taneytown Maryland
Gasoline $3.46 $3.46
Tire Balancing $62.66 $59.92
Detailed Taneytown Utilities costs vs. Maryland
Item Taneytown Maryland
All Electricity $223.91 $193.99
Phone $199.62 $192.25

Taneytown SnackAbility

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

Cost Of Living In Cities Around Taneytown

The cost of living varies in the cities and towns around Taneytown. Here's a quick look at the cost of living in the most populous nearby places:

  • Westminster, MD has a cost of living index of 114, 1.0x Taneytown.

  • Hanover, PA has a cost of living index of 98, 0.9x Taneytown.

  • Linganore, MD has a cost of living index of 139, 1.2x Taneytown.

City Population Cost Of Living Vs. Taneytown
Westminster, MD 20,445 114 1.0x
Hanover, PA 16,584 98 0.9x
Linganore, MD 14,444 139 1.2x
Mount Airy, MD 9,805 137 1.2x
Gettysburg, PA 8,254 103 0.9x
Parkville, PA 8,128 98 0.9x
Walkersville, MD 6,414 126 1.1x
Thurmont, MD 6,254 117 1.0x
Hampstead, MD 6,251 112 1.0x
Spring Ridge, MD 5,922 133 1.2x