Cost of Living in Cloverly, MD

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

Cost of Living Overview

Overall Index

216.8

100 = national avg

+116.8 vs national average

Living Wage (1 Adult)

$95,381

per year

Living Wage (Family of 4)

$225,447

per year

Cost Index by Category

Housing
266.9
Food
161.8
Transportation
223.7
Healthcare
149.5
Utilities
170.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,015

per month

2 Bedroom

$2,246

per month

The overall cost of living index in Cloverly is 216.8, which is 116.8% above the national average. Housing costs are above the national average at an index of 266.9. A single adult needs to earn approximately $95,381 per year to cover basic expenses.