Cost of Living in Aberdeen, MD

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

121.6

100 = national avg

+21.6 vs national average

Living Wage (1 Adult)

$53,505

per year

Living Wage (Family of 4)

$126,465

per year

Cost Index by Category

Housing
139.0
Food
108.1
Transportation
115.9
Healthcare
106.5
Utilities
112.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,511

per month

2 Bedroom

$1,857

per month

The overall cost of living index in Aberdeen is 121.6, which is 21.6% above the national average. Housing costs are above the national average at an index of 139.0. A single adult needs to earn approximately $53,505 per year to cover basic expenses.