Taneytown, MD Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2021-02-06
111
Taneytown's Overall Cost Of Living
1.1x
Higher Than The National Average
33 out of 188
In Maryland
4,210 out of 6,399
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Taneytown is expensive, while a number below 100 means it's a relatively cheap place to live.

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 111 which is 1.1x higher than the national index of 100.

Compared to only 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 #4,212 most affordable out of the 6,522 places we measured in Maryland. By definition, that implies Taneytown ranks as the #2,195 most expensive place in the Old Line State.

For more reading on life in Taneytown, check out:

Taneytown Cost Of Living Vs. Maryland

Living Expense Taneytown Maryland National Average
Overall 111 121 100
Services 105 108 100
Groceries 116 119 100
Health 84 86 100
Housing 123 150 100
Transportation 102 108 100
Utilities 104 108 100
For more reading on cost of living around Maryland, check out:
Taneytown Cost of Living Vs. MD

Taneytown, 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.

$252,700
Median Home Value
$1,028
Median Rent
$73,649
Median Income
Statistic Taneytown Maryland United States
Median Home Value $252,700 $314,800 $217,500
Median Rent $1,028 $1,392 $1,062
Median Income $73,649 $84,805 $62,843
Home Value To Income 3.4x 3.7x 3.5x
Rent To Monthly Income 0.17x 0.2x 0.2x

Detailed Taneytown Services Costs Vs. Maryland

Item Taneytown Maryland
Shampoo $0.99 $1.01
Movie $13.19 $10.72
Bowling $20.0 $13.86

Detailed Taneytown Groceries Costs Vs. Maryland

Item Taneytown Maryland
Ground Beef $4.32 $3.9
Fried Chicken $1.6 $1.4
Milk $2.39 $1.96

Detailed Taneytown Health Costs Vs. Maryland

Item Taneytown Maryland
Haircut $21.67 $17.49
Beauty Salon $57.5 $38.17
Toothpaste $5.64 $2.32

Detailed Taneytown Transportation Costs Vs. Maryland

Item Taneytown Maryland
Potatoes $4.32 $3.18
Pizza $10.99 $10.39
Beer $9.19 $9.23
Optometrist $82.95 $106.34
Doctor $93.69 $115.25
Dentist $84.98 $98.38

Detailed Taneytown Utilities Costs Vs. Maryland

Item Taneytown Maryland
Gasoline $2.54 $2.59
Tire Balancing $54.77 $48.9
All Electricity $173.73 $167.6
Phone $189.3 $163.42

Taneytown SnackAbility

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

Cost Of Living In Cities Around Taneytown

City Population Cost Of Living Vs. Taneytown
Westminster, MD 18,552 110 1.0x
Hanover, PA 15,609 96 0.9x
Mount Airy, MD 9,397 135 1.2x
Linganore, MD 9,112 134 1.2x
Gettysburg, PA 7,689 104 0.9x
Parkville, PA 7,234 98 0.9x
Thurmont, MD 6,638 114 1.0x
Hampstead, MD 6,362 108 1.0x
Walkersville, MD 6,179 125 1.1x
Spring Ridge, MD 5,876 129 1.2x

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