Cost of Living in Drum Point, MD

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

Cost of Living Overview

Overall Index

174.0

100 = national avg

+74.0 vs national average

Living Wage (1 Adult)

$76,564

per year

Living Wage (Family of 4)

$180,969

per year

Cost Index by Category

Housing
186.6
Food
151.7
Transportation
176.5
Healthcare
141.4
Utilities
148.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,851

per month

2 Bedroom

$2,083

per month

The overall cost of living index in Drum Point is 174.0, which is 74.0% above the national average. Housing costs are above the national average at an index of 186.6. A single adult needs to earn approximately $76,564 per year to cover basic expenses.