Cost of Living in Ocean Pines, MD
Population 12,028 · Maryland · Data vintage 2023
(100 = US avg)
With a median age of 63, Ocean Pines functions largely as a retirement market. Housing costs — $353,000 for a typical home — anchor most household budgets, and the state's treatment of pension income tends to matter more than wage-driven tax comparisons.
Located 100 miles southeast of Baltimore, Ocean Pines is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 61% higher than Baltimore's $219,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Ocean Pines
The median home value in Ocean Pines is $352,600 — 16% above the national median of $305,000. Median rent runs $1,923/month, 46% higher than the national median of $1,314/month. The median household income of $91,400/year is 23% higher than the US median of $74,580. The local unemployment rate is 5.5%, above 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, Ocean Pines has a cost of living index of 128 versus the US average of 100, meaning it is 28% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
Frequently Asked Questions
What is the cost of living in Ocean Pines, MD?
Ocean Pines has a cost index of 128 (100 = national average). It is 28% above the national average.
What is average rent in Ocean Pines, MD?
The median gross rent in Ocean Pines is $1,923 per month based on 2023 Census data.
What is the average home price in Ocean Pines?
The median home value in Ocean Pines is $352,600 according to 2023 Census ACS data.
What is the median income in Ocean Pines?
The median household income in Ocean Pines is $91,400 per year (2023 ACS 5-year estimates).
What is the sales tax in Ocean Pines, MD?
The combined state and local sales tax rate in Ocean Pines is 6.0%. The Maryland state income tax top rate is 5.8%.
Is Ocean Pines, MD affordable?
Ocean Pines is above average in cost of living, with an index of 128 — about 28% higher than the national average.
Ocean Pines at a Glance
- Population
- 12,028
- Median Income
- $91,400
- Home Value
- $352,600
- Median Rent
- $1,923/mo
- Unemployment
- 5.5%
- Sales Tax
- 6.0%
Nearby Cities
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Maryland Rankings
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