Cost of Living in Frederick, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
151.6
100 = national avg
+51.6 vs national average
Living Wage (1 Adult)
$66,716
per year
Living Wage (Family of 4)
$157,692
per year
Cost Index by Category
Housing192.2
Food122.7
Transportation127.4
Healthcare118.2
Utilities132.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,015
per month
2 Bedroom
$2,246
per month
The overall cost of living index in Frederick is 151.6, which is 51.6% above the national average. Housing costs are above the national average at an index of 192.2. A single adult needs to earn approximately $66,716 per year to cover basic expenses.