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New Market, MD vs St. Leonard, MD

140
New Market
Maryland
VS
+20.2%
116
St. Leonard
Maryland

There is a significant gap in the cost of living between these two cities. St. Leonard is 20.2% cheaper than New Market. With a cost index of 116 vs 140, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from St. Leonard to New Market should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in New Market are $607,700 compared to $489,500 in St. Leonard, a 24% gap.

Median household income in New Market is $198,080 compared to $188,056 in St. Leonard (+5.3%). New Market does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.

Climate-wise, both cities share similar average temperatures (55.4°F vs 58.3°F). St. Leonard receives more rainfall at 45.3" per year compared to 35.6" in New Market.

Income & Cost

Cost of Living Index
New Market
140
St. Leonard
116
17% cheaper
Median Household Income
New Market
$198,080
5% higher
St. Leonard
$188,056

Housing

Median Rent
New Market
$1,694
St. Leonard
Median Home Value
New Market
$607,700
St. Leonard
$489,500
19% cheaper
Population
New Market
1,588
St. Leonard
562

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
New Market $3.26
St. Leonard $3.11
US $3.07
🥚
Eggs (grade A, large)
New Market $2.66
St. Leonard $2.54
US $2.50
🥛
Milk (whole)
New Market $4.28
St. Leonard $4.08
US $4.03
🍞
Bread (white)
New Market $1.97
St. Leonard $1.88
US $1.85
🍗
Chicken breast
New Market $4.41
St. Leonard $4.20
US $4.14
Electricity
New Market $0.20
St. Leonard $0.19
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
New Market 55.4°F
St. Leonard 58.3°F
Summer High
New Market 87°F
St. Leonard 87°F
Winter Low
New Market 25°F
St. Leonard 30°F
Rainfall
New Market 35.6"
St. Leonard 45.3"
Rainy Days
New Market 124d
St. Leonard 118d