Cost of Living in Easton, MD

Population 17,202 · Maryland · Data vintage 2023

104
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Easton is a smaller Maryland community of around 17000 residents, where median household incomes of $73,460 and housing costs ($348,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. An unemployment rate of 2.7% points to a labor market well on the tight side of the national distribution.

Located 45 miles southeast of Baltimore, Easton falls within that metro's commuting orbit. Median home values run roughly 59% higher than Baltimore's $219,000.

Cost Overview

Housing 114
Rent 90

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Easton

The median home value in Easton is $348,400 — 14% above the national median of $305,000. Median rent runs $1,177/month, 10% lower than the national median of $1,314/month. The median household income of $73,460/year is 2% lower than the US median of $74,580. The local unemployment rate is 2.7%, below the national average of 4.8%. Maryland's top state income tax rate is 5.8% and the combined sales tax is 6.0%. Overall, Easton has a cost of living index of 104 versus the US average of 100, meaning it is 4% more expensive.

🏠 Housing

Median Home Value
$348,400
14% above avg
Zillow Home Value
$440,625
Zillow ZHVI
Median Rent
$1,177/mo
10% below avg
Zillow Rent
$2,228/mo
Zillow ZORI
Price-to-Rent Ratio
24.7x
Favors renting
Property Tax Rate
1.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,407
1 BR
$1,604
2 BR
$1,898
3 BR
$2,407
4 BR
$2,822
Owner-occupied 59.7%
Renter-occupied 40.3%

💰 Estimated Monthly Budget

Rent median rent
$1,177
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,791/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
24.4 min
10% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
13.4%

Commute Mode

Drove alone
71.9%
Carpooled
8.7%
Public transit
0.8%
Walked
1.2%
Bicycle
2.0%
Work from home
13.4%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.8%
Total Sales Tax 6.0%
State rate 6.0%
Avg local rate 0.0%
Property Tax 1.1%

💼 Income & Employment

Median Household Income
$73,460
2% below avg
Per Capita Income
$44,843
Unemployment Rate
2.7%
45% below avg
Poverty Rate
12.9%
Labor Force Participation
59.3%

🎓 Education

Bachelor's degree+ 22.1%
Graduate degree 17.3%

👥 Demographics

Median Age 45.6
Male median age 39.6
Female median age 50

🏫 Schools

NCES CCD 2019 — public school district data

96%
4-Year Graduation Rate
14.3:1
Student-teacher ratio
8
Public schools
4,703
Total enrollment

Frequently Asked Questions

What is the cost of living in Easton, MD?

Easton has a cost index of 104 (100 = national average). It is 4% above the national average.

What is average rent in Easton, MD?

The median gross rent in Easton is $1,177 per month based on 2023 Census data.

What is the average home price in Easton?

The median home value in Easton is $348,400 according to Zillow and Census data.

What is the median income in Easton?

The median household income in Easton is $73,460 per year (2023 ACS 5-year estimates).

What is the sales tax in Easton, MD?

The combined state and local sales tax rate in Easton is 6.0%. The Maryland state income tax top rate is 5.8%.

Is Easton, MD affordable?

Easton is near the national average in terms of cost of living, with an index of 104 (100 = US average).

Easton at a Glance

Population
17,202
Median Income
$73,460
Home Value
$348,400
Median Rent
$1,177/mo
Unemployment
2.7%
Sales Tax
6.0%
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🗺️ County data for Maryland

Explore county-level cost of living data

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