Cost of Living in Bowmans Addition, MD

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

Cost of Living Overview

Overall Index

117.0

100 = national avg

+17.0 vs national average

Living Wage (1 Adult)

$51,475

per year

Living Wage (Family of 4)

$121,669

per year

Cost Index by Category

Housing
118.2
Food
111.5
Transportation
123.0
Healthcare
109.2
Utilities
110.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$823

per month

2 Bedroom

$973

per month

The overall cost of living index in Bowmans Addition is 117.0, which is 17.0% above the national average. Housing costs are above the national average at an index of 118.2. A single adult needs to earn approximately $51,475 per year to cover basic expenses.