Cost of Living in Eldersburg, MD

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

Cost of Living Overview

Overall Index

194.3

100 = national avg

+94.3 vs national average

Living Wage (1 Adult)

$85,512

per year

Living Wage (Family of 4)

$202,120

per year

Cost Index by Category

Housing
205.7
Food
162.0
Transportation
224.1
Healthcare
149.6
Utilities
158.4

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 Eldersburg is 194.3, which is 94.3% above the national average. Housing costs are above the national average at an index of 205.7. A single adult needs to earn approximately $85,512 per year to cover basic expenses.