Cost of Living in Chesapeake Beach, MD

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

Cost of Living Overview

Overall Index

180.2

100 = national avg

+80.2 vs national average

Living Wage (1 Adult)

$79,302

per year

Living Wage (Family of 4)

$187,442

per year

Cost Index by Category

Housing
187.3
Food
153.9
Transportation
207.7
Healthcare
143.1
Utilities
149.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,851

per month

2 Bedroom

$2,083

per month

The overall cost of living index in Chesapeake Beach is 180.2, which is 80.2% above the national average. Housing costs are above the national average at an index of 187.3. A single adult needs to earn approximately $79,302 per year to cover basic expenses.