Cost of Living in Annapolis Neck, MD

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

Cost of Living Overview

Overall Index

242.4

100 = national avg

+142.4 vs national average

Living Wage (1 Adult)

$106,673

per year

Living Wage (Family of 4)

$252,136

per year

Cost Index by Category

Housing
327.7
Food
181.3
Transportation
168.0
Healthcare
165.1
Utilities
194.3

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 Annapolis Neck is 242.4, which is 142.4% above the national average. Housing costs are above the national average at an index of 327.7. A single adult needs to earn approximately $106,673 per year to cover basic expenses.