Cost of Living in Edgewood, MD

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

Cost of Living Overview

Overall Index

128.6

100 = national avg

+28.6 vs national average

Living Wage (1 Adult)

$56,581

per year

Living Wage (Family of 4)

$133,737

per year

Cost Index by Category

Housing
140.8
Food
116.0
Transportation
127.1
Healthcare
112.8
Utilities
117.8

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 Edgewood is 128.6, which is 28.6% above the national average. Housing costs are above the national average at an index of 140.8. A single adult needs to earn approximately $56,581 per year to cover basic expenses.