Cost of Living in Cheverly, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
180.8
100 = national avg
+80.8 vs national average
Living Wage (1 Adult)
$79,571
per year
Living Wage (Family of 4)
$188,076
per year
Cost Index by Category
Housing222.5
Food139.9
Transportation179.8
Healthcare131.9
Utilities148.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,015
per month
2 Bedroom
$2,246
per month
The overall cost of living index in Cheverly is 180.8, which is 80.8% above the national average. Housing costs are above the national average at an index of 222.5. A single adult needs to earn approximately $79,571 per year to cover basic expenses.