Cost of Living in Bagtown, MD

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

Cost of Living Overview

Overall Index

133.0

100 = national avg

+33.0 vs national average

Living Wage (1 Adult)

$58,500

per year

Living Wage (Family of 4)

$138,273

per year

Cost Index by Category

Housing
150.5
Food
118.6
Transportation
122.1
Healthcare
114.8
Utilities
121.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$961

per month

2 Bedroom

$1,261

per month

The overall cost of living index in Bagtown is 133.0, which is 33.0% above the national average. Housing costs are above the national average at an index of 150.5. A single adult needs to earn approximately $58,500 per year to cover basic expenses.