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Hampstead, MD vs Parole, MD

98
Hampstead
Maryland
VS
-32.2%
145
Parole
Maryland

The cost of living difference between Hampstead, MD and Parole, MD is dramatic. Hampstead is 32.2% cheaper than Parole, a gap that translates to thousands of dollars per year in household expenses. Hampstead has a cost index of 98 while Parole sits at 145, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Hampstead is $1,229/month compared to $2,187/month in Parole — a 44% difference. Home values follow the same pattern: Hampstead is more affordable at $305,400 median vs $521,100.

Median household income in Hampstead is $96,802 compared to $119,591 in Parole (-19.1%). The higher salaries in Parole partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Hampstead spend roughly 15.2% of their income on rent, less than the 21.9% in Parole.

Climate-wise, Parole is notably warmer with an average of 57.7°F compared to 52.4°F in Hampstead. Parole receives more rainfall at 44" per year compared to 42.1" in Hampstead.

Income & Cost

Cost of Living Index
Hampstead
98
32% cheaper
Parole
145
Median Household Income
Hampstead
$96,802
Parole
$119,591
19% higher

Housing

Median Rent
Hampstead
$1,229
44% cheaper
Parole
$2,187
Median Home Value
Hampstead
$305,400
41% cheaper
Parole
$521,100
Population
Hampstead
6,311
Parole
17,910

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hampstead $3.11
Parole $3.11
US $3.07
🥚
Eggs (grade A, large)
Hampstead $2.54
Parole $2.54
US $2.50
🥛
Milk (whole)
Hampstead $4.09
Parole $4.09
US $4.03
🍞
Bread (white)
Hampstead $1.88
Parole $1.88
US $1.85
🍗
Chicken breast
Hampstead $4.20
Parole $4.20
US $4.14
Electricity
Hampstead $0.21
Parole $0.21
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Hampstead 52.4°F
Parole 57.7°F
Summer High
Hampstead 85°F
Parole 86°F
Winter Low
Hampstead 21°F
Parole 30°F
Rainfall
Hampstead 42.1"
Parole 44"
Rainy Days
Hampstead 133d
Parole 0d