Cost of Living in Bel Air, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
110.8
100 = national avg
+10.8 vs national average
Living Wage (1 Adult)
$48,758
per year
Living Wage (Family of 4)
$115,246
per year
Cost Index by Category
Housing88.4
Food117.0
Transportation134.0
Healthcare113.6
Utilities107.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$823
per month
2 Bedroom
$973
per month
The overall cost of living index in Bel Air is 110.8, which is 10.8% above the national average. Housing costs are below the national average at an index of 88.4. A single adult needs to earn approximately $48,758 per year to cover basic expenses.