Cost of Living in Callaway, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
180.1
100 = national avg
+80.1 vs national average
Living Wage (1 Adult)
$79,246
per year
Living Wage (Family of 4)
$187,309
per year
Cost Index by Category
Housing164.4
Food163.2
Transportation226.5
Healthcare150.6
Utilities150.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,672
per month
2 Bedroom
$1,833
per month
The overall cost of living index in Callaway is 180.1, which is 80.1% above the national average. Housing costs are above the national average at an index of 164.4. A single adult needs to earn approximately $79,246 per year to cover basic expenses.