Cost of Living in Cavetown, MD

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

Cost of Living Overview

Overall Index

132.2

100 = national avg

+32.2 vs national average

Living Wage (1 Adult)

$58,160

per year

Living Wage (Family of 4)

$137,470

per year

Cost Index by Category

Housing
131.9
Food
129.4
Transportation
120.3
Healthcare
123.5
Utilities
124.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$961

per month

2 Bedroom

$1,261

per month

The overall cost of living index in Cavetown is 132.2, which is 32.2% above the national average. Housing costs are above the national average at an index of 131.9. A single adult needs to earn approximately $58,160 per year to cover basic expenses.