Cost of Living in Broomes Island, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
241.5
100 = national avg
+141.5 vs national average
Living Wage (1 Adult)
$106,259
per year
Living Wage (Family of 4)
$251,159
per year
Cost Index by Category
Housing257.5
Food196.7
Transportation274.4
Healthcare177.4
Utilities189.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,851
per month
2 Bedroom
$2,083
per month
The overall cost of living index in Broomes Island is 241.5, which is 141.5% above the national average. Housing costs are above the national average at an index of 257.5. A single adult needs to earn approximately $106,259 per year to cover basic expenses.