CostIndexUSA

Casper, WY vs Hagerstown, MD Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostWY
Casper
93.8
overall index
$1,225/mo rent
MD
Hagerstown
94.2
overall index
$1,550/mo rent

Casper and Hagerstown have nearly identical costs of living.

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+2.0%
Casper
74.2
Hagerstown
75.7
🛒 Groceries+1.0%
Casper
95.4
Hagerstown
96.4
🚗 Transportation0.9%
Casper
105.4
Hagerstown
104.5
🏥 Healthcare0.9%
Casper
95.4
Hagerstown
94.5
Utilities+21.3%
Casper
78.9
Hagerstown
95.7

Salary Equivalency Calculator

Enter your current salary in Casper to see what you'd need to earn in Hagerstown to maintain the same purchasing power.

$
Equivalent salary in Hagerstown, MD
$80,300
$300 more needed in Hagerstown

Formula: salary × (94.2 ÷ 93.8) = salary × 1.0043. Based on BEA Regional Price Parities.

Housing Market

Casper, WY

Median Home Price
$302,000
Median Monthly Rent
$1,225
Housing Index
74.2
Price-to-Rent Ratio
20.5×

Hagerstown, MD

Median Home Price
$313,000
Median Monthly Rent
$1,550
Housing Index
75.7
Price-to-Rent Ratio
16.8×

Hagerstown has 2.0% higher housing costs compared to Casper.

Income & Job Market

Casper, WY

Median Household Income
$73,200
Per Capita Income
$41,700
Unemployment Rate
3.2%
Population
59,324
Top Industries
EnergyHealthcareGovernmentRetailManufacturing

Hagerstown, MD

Median Household Income
$75,400
Per Capita Income
$43,000
Unemployment Rate
4.4%
Population
43,484
Top Industries
HealthcareManufacturingLogisticsRetailGovernment

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Casper, WY
5.0×income-to-rent ratio

80% of income left after rent (median)

Hagerstown, MD
4.1×income-to-rent ratio

75% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.