Cost of Living in Chance, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
103.3
100 = national avg
+3.3 vs national average
Living Wage (1 Adult)
$45,447
per year
Living Wage (Family of 4)
$107,421
per year
Cost Index by Category
Housing112.4
Food98.5
Transportation97.1
Healthcare98.8
Utilities101.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$907
per month
2 Bedroom
$1,167
per month
The overall cost of living index in Chance is 103.3, which is 3.3% above the national average. Housing costs are above the national average at an index of 112.4. A single adult needs to earn approximately $45,447 per year to cover basic expenses.