Cost of Living in Arden on the Severn, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
190.0
100 = national avg
+90.0 vs national average
Living Wage (1 Adult)
$83,594
per year
Living Wage (Family of 4)
$197,585
per year
Cost Index by Category
Housing248.0
Food139.6
Transportation179.1
Healthcare131.7
Utilities153.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,511
per month
2 Bedroom
$1,857
per month
The overall cost of living index in Arden on the Severn is 190.0, which is 90.0% above the national average. Housing costs are above the national average at an index of 248.0. A single adult needs to earn approximately $83,594 per year to cover basic expenses.