Cost of Living in Elkridge, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
198.7
100 = national avg
+98.7 vs national average
Living Wage (1 Adult)
$87,436
per year
Living Wage (Family of 4)
$206,666
per year
Cost Index by Category
Housing238.1
Food153.5
Transportation207.0
Healthcare142.8
Utilities159.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,511
per month
2 Bedroom
$1,857
per month
The overall cost of living index in Elkridge is 198.7, which is 98.7% above the national average. Housing costs are above the national average at an index of 238.1. A single adult needs to earn approximately $87,436 per year to cover basic expenses.