Cost of Living in Ferndale, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
146.1
100 = national avg
+46.1 vs national average
Living Wage (1 Adult)
$64,286
per year
Living Wage (Family of 4)
$151,948
per year
Cost Index by Category
Housing175.0
Food120.6
Transportation141.2
Healthcare116.5
Utilities127.4
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 Ferndale is 146.1, which is 46.1% above the national average. Housing costs are above the national average at an index of 175.0. A single adult needs to earn approximately $64,286 per year to cover basic expenses.