CostIndexUSA

Corvallis, OR vs Hagerstown, MD Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

OR
Corvallis
104
overall index
$1,950/mo rent
More AffordableMD
Hagerstown
94.2
overall index
$1,550/mo rent

Hagerstown is moderately cheaper than Corvallis — 9.4% lower overall cost of living.

To match an $80,000 salary in Corvallis, you would need $72,500 in Hagerstown. Calculate your salary ↓

Category Breakdown

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

🏠 Housing33.8%
Corvallis
114.4
Hagerstown
75.7
🛒 Groceries8.5%
Corvallis
105.3
Hagerstown
96.4
🚗 Transportation0.8%
Corvallis
105.3
Hagerstown
104.5
🏥 Healthcare0.8%
Corvallis
95.3
Hagerstown
94.5
Utilities11.9%
Corvallis
108.6
Hagerstown
95.7

Salary Equivalency Calculator

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

$
Equivalent salary in Hagerstown, MD
$72,500
$7,500 less needed in Hagerstown

Formula: salary × (94.2 ÷ 104) = salary × 0.9058. Based on BEA Regional Price Parities.

Housing Market

Corvallis, OR

Median Home Price
$542,000
Median Monthly Rent
$1,950
Housing Index
114.4
Price-to-Rent Ratio
23.2×

Hagerstown, MD

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

Corvallis has 33.8% lower housing costs compared to Hagerstown.

Income & Job Market

Corvallis, OR

Median Household Income
$73,000
Per Capita Income
$41,600
Unemployment Rate
5.5%
Population
58,641
Top Industries
EducationTechnologyHealthcareAgricultureManufacturing

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).

Corvallis, OR
3.1×income-to-rent ratio

68% 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.