Cost of Living in Carney, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
143.0
100 = national avg
+43.0 vs national average
Living Wage (1 Adult)
$62,938
per year
Living Wage (Family of 4)
$148,762
per year
Cost Index by Category
Housing181.0
Food114.7
Transportation129.4
Healthcare111.7
Utilities125.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,511
per month
2 Bedroom
$1,857
per month
The overall cost of living index in Carney is 143.0, which is 43.0% above the national average. Housing costs are above the national average at an index of 181.0. A single adult needs to earn approximately $62,938 per year to cover basic expenses.