Cost of Living in Edgewater, MD

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

Cost of Living Overview

Overall Index

179.4

100 = national avg

+79.4 vs national average

Living Wage (1 Adult)

$78,945

per year

Living Wage (Family of 4)

$186,598

per year

Cost Index by Category

Housing
230.8
Food
134.8
Transportation
169.7
Healthcare
127.9
Utilities
147.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,511

per month

2 Bedroom

$1,857

per month

The overall cost of living index in Edgewater is 179.4, which is 79.4% above the national average. Housing costs are above the national average at an index of 230.8. A single adult needs to earn approximately $78,945 per year to cover basic expenses.