Princess Anne, MD vs Palmyra, NY: Cost of Living

Which city costs less?

Palmyra, NY has a modeled overall cost index 26.6% lower than Princess Anne, MD.

Princess Anne, MD · modeled 2BR rent: $1,170 / month
Palmyra, NY · modeled 2BR rent: $1,290 / month

These are saved estimates, not current rental listings. Some cities use adjusted regional data. Your household budget can differ from the overall index. Sources and assumptions

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Cost of Living Comparison 2026

Compare Princess Anne, MD and Palmyra, NY using saved regional data and explicit budgeting assumptions. Rent estimates are not live listings. Change the salary below, then check the source notes before applying a result to your household.

Saved regional estimates · Sources and assumptions

Current salary in Princess Anne, MD

Numbers update automatically as you type

Estimated savings: $2,007/month in Palmyra, NY

$150,000 in your current city has a modeled equivalent of $125,921 in Palmyra, NY

Regional cost estimates: Princess Anne, MD uses Washington, DC. Palmyra, NY uses Newark, NJ. Available city ZIP rent estimates are shown separately.

Overall Cost

↓ 26.6%

Less expensive

Monthly Impact

$2,007

Savings

Annual Impact

$24.1K

Per year

Assumes 60% of current gross income goes to living costs. The headline uses the category budget below; taxes, moving costs and savings goals are excluded.

Princess Anne, MD

Population:4K

Cost Index:

102.2

100 = national average

Typical Home:$219K

Palmyra, NY

Population:3K

Cost Index:

75.0

100 = national average

Typical Home:$219K

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Princess Anne, MD

The Old Line State

Population

State Tax

Yes

Located in Maryland, this city has a population of 4K residents.

Palmyra, NY

The Empire State

Population

State Tax

Yes

Located in New York, this city has a population of 3K residents.

Cost Breakdown by Category

Estimated monthly spending: Princess Anne, MD vs Palmyra, NY

Assumes 60% of your current gross income is spent on these categories. The headline and totals use this same budget. Rent estimates below are separate reference data. Rounded amounts may differ by $1.

Category	Princess Anne, MD	Palmyra, NY	Difference	Change
Housing	$3,492/mo	$1,312/mo	↓ $2,180less	62.4%
Other	$1,140/mo	$1,306/mo	↑ $166more	14.6%
Transportation	$1,178/mo	$1,031/mo	↓ $147less	12.5%
All Utilities	$387/mo	$461/mo	↑ $73.89more	19.1%
Healthcare	$481/mo	$532/mo	↑ $50.89more	10.6%
Groceries	$822/mo	$851/mo	↑ $28.67more	3.5%

Housing

↓ 62.4%

Princess Anne, MD

$3,492

Palmyra, NY

$1,312

Difference

$2,180

less

Other

↑ 14.6%

Princess Anne, MD

$1,140

Palmyra, NY

$1,306

Difference

$166

Transportation

↓ 12.5%

Princess Anne, MD

$1,178

Palmyra, NY

$1,031

Difference

$147

less

All Utilities

↑ 19.1%

Princess Anne, MD

$387

Palmyra, NY

$461

Difference

$73.89

Healthcare

↑ 10.6%

Princess Anne, MD

$481

Palmyra, NY

$532

Difference

$50.89

Groceries

↑ 3.5%

Princess Anne, MD

$822

Palmyra, NY

$851

Difference

$28.67

🏠Rent Comparison

Studio

From$900

To$920

↑ $20.00

1 Bed

From$910

To$1,040

↑ $130

2 Bed

From$1,170

To$1,290

↑ $120

3 Bed

From$1,590

To$1,550

↓ $40.00

Princess Anne, MDZIP-level data

1BR range: $910–$910/mo

Palmyra, NYZIP-level data

1BR range: $1,040–$1,040/mo

💡 Note: HUD Fair Market Rents estimate 40th-percentile gross rents, including most tenant-paid utilities. City ZIP summaries are medians of those estimates, not market median rents. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,500

Monthly in Princess Anne, MD

$5,493

Monthly in Palmyra, NY

$2,007

Difference

Home Values

Princess Anne

Palmyra

$219K

Median Value

$219K

↑ +1.6%

YoY Change

↑ +3.6%

↑ +38.9%

5-Year Change

↑ +42.4%

Calculate payment - Princess Anne Calculate payment - Palmyra

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↓ $2.3K

More taxes

Monthly Difference

$190

Less take-home

Effective Rate Diff

1.5%

Rate difference

Princess Anne, MD

Federal Income Tax

Effective: 18.9%

$25.5K

Maryland State Tax

Effective: 4.8%

$7.3K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.5%

$44.3K

Take-Home Pay

$8,811/month

$105.7K

Palmyra, NY

Federal Income Tax

Effective: 18.9%

$25.5K

New York State Tax

Effective: 6.4%

$9.5K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 31.0%

$46.6K

Take-Home Pay

$8,620/month

$103.4K

Additional Tax Information

Princess Anne, MD Tax Rates

Sales Tax:6.0%

Property Tax:1.1%

Palmyra, NY Tax Rates

Sales Tax:8.8%

Property Tax:1.2%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Princess Anne

Palmyra

45 Good

Air Quality

N/A

63.7%

Good Air Days

98 High

Climate Risk

98 High

🌊🌀🌡

Top Hazards

🌊🌡🌪

▲+2.9°F

2050 Outlook

▲+2.9°F

27 days

Heat Days >95°F

15 days

▲+2.9°F

2050 Outlook

▲+2.9°F

27 days

Heat Days >95°F

15 days

Before moving from Princess Anne, MD to Palmyra, NY

Use this comparison to shortlist a move, then check the costs that depend on your household.

Compare actual homes. Get current quotes in Palmyra, NY for the same bedroom count and included utilities as your home in Princess Anne, MD. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
Confirm your income. Check your expected pay with your employer, including any location adjustment. Use “Different salary at destination?” above to compare two incomes. The budget model excludes taxes and one-time moving costs; it is not a take-home-pay calculation.
Price your daily routine. Check the commute from a specific address to work, school or childcare. Add household expenses missing from this model, such as childcare, debt payments and medical needs. Verify local services before signing a lease.
Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your Princess Anne to Palmyra moving checklist to organize the tasks and timing.

Still choosing a destination? Explore cities similar to Palmyra, NY by cost, housing, population and region.

Frequently Asked Questions: Princess Anne, MD vs Palmyra, NY

How do the cost estimates for Princess Anne, MD and Palmyra, NY compare?

Palmyra, NY has a modeled overall cost index 26.6% lower than Princess Anne, MD. This is a broad model comparison, not a survey of today's prices or a forecast of your household spending. Some cities use adjusted regional fallback data.

What does the equivalent salary mean?

At a $150,000 salary in Princess Anne, MD, the model estimates $125,921 in Palmyra, NY. It allocates 60% of gross income to the origin city’s category budget and applies each destination category’s relative cost. The equivalent salary adds the total category difference to your income. The monthly difference is the same category difference divided by 12; it is not take-home pay or guaranteed savings. Household size, childcare and your actual lease are not inputs to this calculation.

What rent estimates are available for Princess Anne, MD and Palmyra, NY?

The modeled two-bedroom rents are $1,170/month in Princess Anne, MD and $1,290/month in Palmyra, NY. Where available, the source is a city median of HUD FY2026 ZIP-level estimates; otherwise a saved metro table is used. City adjustments may also apply. These are not asking rents or available listings. Compare actual properties with the same bedroom count and included utilities.

How should I use this comparison before moving?

Use it to shortlist locations, then replace modeled costs with a current housing quote, employer-confirmed income, commute costs, insurance and your household's other expenses. Add one-time moving costs separately. Source years differ and the saved datasets are not a live price feed. Read the methodology for the formulas and fallback rules.

💰 See how taxes change too — compare take-home pay between Maryland and New York on TaxTakeHome.com