Cumberland, MD Cost Of Living
Cost Of Living In Cumberland, MD Summary
Cost of living in Cumberland 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 Cumberland 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:
The cost of living index in Cumberland is 86, with 100 being the average.
The cost of living index in Cumberland is 0.9x lower than the national average.
Cumberland ranks as the #1 cheapest in Maryland out of 188.
Cumberland ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Cumberland is $105,700.
The median income in Cumberland is $43,699.
Table Of Contents
Cumberland's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Cumberland, MD?
According to the most recent data on the cost of living, Cumberland has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Maryland, Cumberland has a cost of living index that's 0.7x lower than Maryland's index of 120.
The standard of living in Cumberland ranks as #1 most affordable out of the 188 places we measured in Maryland. By definition, that implies Cumberland ranks as the #187 most expensive place in the Old Line State.
For more reading on life in Cumberland, check out:
- Living In Cumberland
- Cumberland Crime Report
- Search Homes For Sale In Cumberland, MD
In Maryland
In America
Cumberland Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Cumberland. Here is how it fairs on each of the criteria:
The Services index in Cumberland is 99.
The Groceries index in Cumberland is 98.
The Health index in Cumberland is 101.
The Housing index in Cumberland is 53.
The Transportation index in Cumberland is 95.
The Utilities index in Cumberland is 99.
| Living Expense | Cumberland | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 86 | 120 | 100 | |
| Services | 99 | 109 | 100 | |
| Groceries | 98 | 108 | 100 | |
| Health | 101 | 92 | 100 | |
| Housing | 53 | 156 | 100 | |
| Transportation | 95 | 100 | 100 | |
| Utilities | 99 | 108 | 100 | |
Cumberland, 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 2017-2021. The key points are:
The Median Home Value in Cumberland is $105,700.
The Median Rent in Cumberland is $697.
The Median Income in Cumberland is $43,699.
The Home Value To Income in Cumberland is 2.4x.
The Rent To Monthly Income in Cumberland is 0.19x.
| Statistic | Cumberland | Maryland | United States |
|---|---|---|---|
| Median Home Value | $105,700 | $338,500 | $244,900 |
| Median Rent | $697 | $1,485 | $1,163 |
| Median Income | $43,699 | $91,431 | $69,021 |
| Home Value To Income | 2.4x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Cumberland, MD Costs By Category
Detailed Cumberland Services Costs Vs. Maryland
| Item | Cumberland | Maryland |
|---|---|---|
| Shampoo | $1.49 | $1.06 |
| Movie | $10.46 | $10.68 |
| Bowling | $16.33 | $14.67 |
| Haircut | $10.53 | $18.62 |
| Beauty Salon | $31.08 | $39.05 |
Detailed Cumberland Groceries Costs Vs. Maryland
| Item | Cumberland | Maryland |
|---|---|---|
| Ground Beef | $4.13 | $4.22 |
| Fried Chicken | $1.22 | $1.39 |
| Milk | $2.23 | $2.05 |
| Potatoes | $3.01 | $3.29 |
| Pizza | $11.5 | $10.62 |
| Beer | $10.99 | $9.38 |
| Toothpaste | $3.41 | $2.34 |
Detailed Cumberland Health Costs Vs. Maryland
| Item | Cumberland | Maryland |
|---|---|---|
| Optometrist | $111.67 | $108.57 |
| Doctor | $108.27 | $116.17 |
| Dentist | $108.44 | $99.13 |
Detailed Cumberland Transportation Costs Vs. Maryland
| Item | Cumberland | Maryland |
|---|---|---|
| Gasoline | $2.28 | $2.22 |
| Tire Balancing | $37.25 | $50.07 |
Detailed Cumberland Utilities Costs Vs. Maryland
| Item | Cumberland | Maryland |
|---|---|---|
| All Electricity | $171.46 | $167.67 |
| Phone | $177.97 | $175.64 |
Cumberland SnackAbility
/10
Cost Of Living In Cities Around Cumberland
The cost of living varies in the cities and towns around Cumberland. Here's a quick look at the cost of living in the most populous nearby places:
Winchester, VA has a cost of living index of 101, 1.2x Cumberland.
Frostburg, MD has a cost of living index of 95, 1.1x Cumberland.
Somerset, PA has a cost of living index of 89, 1.0x Cumberland.
| City | Population | Cost Of Living | Vs. Cumberland |
|---|---|---|---|
| Winchester, VA | 28,194 | 101 | 1.2x |
| Frostburg, MD | 7,282 | 95 | 1.1x |
| Somerset, PA | 6,059 | 89 | 1.0x |
| Central, SC | 5,229 | 85 | 1.0x |
