Cost of Living in Clear Spring, MD

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

Cost of Living Overview

Overall Index

98.0

100 = national avg

-2.0 vs national average

Living Wage (1 Adult)

$43,129

per year

Living Wage (Family of 4)

$101,940

per year

Cost Index by Category

Housing
106.0
Food
95.3
Transportation
90.6
Healthcare
96.2
Utilities
98.4

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 Clear Spring is 98.0, which is 2.0% below the national average. Housing costs are above the national average at an index of 106.0. A single adult needs to earn approximately $43,129 per year to cover basic expenses.