Cost of Living in College Park, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
146.4
100 = national avg
+46.4 vs national average
Living Wage (1 Adult)
$64,416
per year
Living Wage (Family of 4)
$152,257
per year
Cost Index by Category
Housing213.3
Food107.2
Transportation101.5
Healthcare105.8
Utilities127.0
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 College Park is 146.4, which is 46.4% above the national average. Housing costs are above the national average at an index of 213.3. A single adult needs to earn approximately $64,416 per year to cover basic expenses.