Cost of Living in Eldorado, MD

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

Cost of Living Overview

Overall Index

81.1

100 = national avg

-18.9 vs national average

Living Wage (1 Adult)

$35,688

per year

Living Wage (Family of 4)

$84,354

per year

Cost Index by Category

Housing
78.4
Food
87.7
Transportation
75.5
Healthcare
90.2
Utilities
88.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$952

per month

2 Bedroom

$1,144

per month

The overall cost of living index in Eldorado is 81.1, which is 18.9% below the national average. Housing costs are below the national average at an index of 78.4. A single adult needs to earn approximately $35,688 per year to cover basic expenses.