Cost of Living in Boonsboro, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
135.0
100 = national avg
+35.0 vs national average
Living Wage (1 Adult)
$59,399
per year
Living Wage (Family of 4)
$140,397
per year
Cost Index by Category
Housing142.5
Food121.6
Transportation143.3
Healthcare117.3
Utilities121.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$961
per month
2 Bedroom
$1,261
per month
The overall cost of living index in Boonsboro is 135.0, which is 35.0% above the national average. Housing costs are above the national average at an index of 142.5. A single adult needs to earn approximately $59,399 per year to cover basic expenses.