CostIndexUSA

Clarksville, TN vs Hagerstown, MD Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableTN
Clarksville
90.9
overall index
$1,350/mo rent
MD
Hagerstown
94.2
overall index
$1,550/mo rent

Clarksville is slightly cheaper than Hagerstown — 3.6% lower overall cost of living.

To match an $80,000 salary in Clarksville, you would need $82,900 in Hagerstown. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+2.6%
Clarksville
73.8
Hagerstown
75.7
🛒 Groceries≈ Equal
Clarksville
96.2
Hagerstown
96.4
🚗 Transportation+4.2%
Clarksville
100.3
Hagerstown
104.5
🏥 Healthcare+4.2%
Clarksville
90.7
Hagerstown
94.5
Utilities+32.0%
Clarksville
72.5
Hagerstown
95.7

Salary Equivalency Calculator

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

$
Equivalent salary in Hagerstown, MD
$82,900
$2,900 more needed in Hagerstown

Formula: salary × (94.2 ÷ 90.9) = salary × 1.0363. Based on BEA Regional Price Parities.

Housing Market

Clarksville, TN

Median Home Price
$289,000
Median Monthly Rent
$1,350
Housing Index
73.8
Price-to-Rent Ratio
17.8×

Hagerstown, MD

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

Hagerstown has 2.6% higher housing costs compared to Clarksville.

Income & Job Market

Clarksville, TN

Median Household Income
$67,100
Per Capita Income
$38,200
Unemployment Rate
5.6%
Population
166,722
Top Industries
MilitaryHealthcareManufacturingRetailEducation

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).

Clarksville, TN
4.1×income-to-rent ratio

76% 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.