Cost of Living in Derwood, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
181.1
100 = national avg
+81.1 vs national average
Living Wage (1 Adult)
$79,682
per year
Living Wage (Family of 4)
$188,340
per year
Cost Index by Category
Housing274.4
Food121.1
Transportation127.4
Healthcare116.9
Utilities147.5
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 Derwood is 181.1, which is 81.1% above the national average. Housing costs are above the national average at an index of 274.4. A single adult needs to earn approximately $79,682 per year to cover basic expenses.