Salisbury, MD Cost Of Living
Cost Of Living In Salisbury, MD Summary
Cost of living in Salisbury 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 Salisbury 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 Salisbury is 101, with 100 being the average.
The cost of living index in Salisbury is 1.0x higher than the national average.
Salisbury ranks as the #10 cheapest in Maryland out of 188.
Salisbury ranks as the #3,263 cheapest out of 6,412 in the US.
The median home value in Salisbury is $170,200.
The median income in Salisbury is $48,310.
Table Of Contents
Salisbury's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Salisbury, MD?
According to the most recent data on the cost of living, Salisbury has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to Maryland, Salisbury has a cost of living index that's 0.8x lower than Maryland's index of 120.
The standard of living in Salisbury ranks as #10 most affordable out of the 188 places we measured in Maryland. By definition, that implies Salisbury ranks as the #178 most expensive place in the Old Line State.
For more reading on life in Salisbury, check out:
- Living In Salisbury
- Salisbury Crime Report
- Search Homes For Sale In Salisbury, MD
In Maryland
In America
Salisbury Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Salisbury. Here is how it fairs on each of the criteria:
The Services index in Salisbury is 108.
The Groceries index in Salisbury is 114.
The Health index in Salisbury is 98.
The Housing index in Salisbury is 90.
The Transportation index in Salisbury is 105.
The Utilities index in Salisbury is 97.
| Living Expense | Salisbury | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 101 | 120 | 100 | |
| Services | 108 | 109 | 100 | |
| Groceries | 114 | 108 | 100 | |
| Health | 98 | 92 | 100 | |
| Housing | 90 | 156 | 100 | |
| Transportation | 105 | 100 | 100 | |
| Utilities | 97 | 108 | 100 | |
Salisbury, 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 Salisbury is $170,200.
The Median Rent in Salisbury is $1,109.
The Median Income in Salisbury is $48,310.
The Home Value To Income in Salisbury is 3.5x.
The Rent To Monthly Income in Salisbury is 0.28x.
| Statistic | Salisbury | Maryland | United States |
|---|---|---|---|
| Median Home Value | $170,200 | $338,500 | $244,900 |
| Median Rent | $1,109 | $1,485 | $1,163 |
| Median Income | $48,310 | $91,431 | $69,021 |
| Home Value To Income | 3.5x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.28x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Salisbury, MD Costs By Category
Detailed Salisbury Services Costs Vs. Maryland
Detailed Salisbury Groceries Costs Vs. Maryland
Detailed Salisbury Health Costs Vs. Maryland
Detailed Salisbury Transportation Costs Vs. Maryland
Detailed Salisbury Utilities Costs Vs. Maryland
Salisbury SnackAbility
/10
Cost Of Living In Cities Around Salisbury
The cost of living varies in the cities and towns around Salisbury. Here's a quick look at the cost of living in the most populous nearby places:
Easton, MD has a cost of living index of 113, 1.1x Salisbury.
California, MD has a cost of living index of 121, 1.2x Salisbury.
Georgetown, GA has a cost of living index of 96, 1.0x Salisbury.
| City | Population | Cost Of Living | Vs. Salisbury |
|---|---|---|---|
| Easton, MD | 16,912 | 113 | 1.1x |
| California, MD | 14,129 | 121 | 1.2x |
| Georgetown, GA | 12,474 | 96 | 1.0x |
| Ocean Pines, MD | 12,266 | 119 | 1.2x |
| Chesapeake Ranch Estates, MD | 9,387 | 114 | 1.1x |
| Fruitland, MD | 5,455 | 103 | 1.0x |
