Cost of Living in Funkstown, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
95.6
100 = national avg
-4.4 vs national average
Living Wage (1 Adult)
$42,063
per year
Living Wage (Family of 4)
$99,422
per year
Cost Index by Category
Housing100.9
Food94.7
Transportation89.3
Healthcare95.7
Utilities97.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$961
per month
2 Bedroom
$1,261
per month
The overall cost of living index in Funkstown is 95.6, which is 4.4% below the national average. Housing costs are above the national average at an index of 100.9. A single adult needs to earn approximately $42,063 per year to cover basic expenses.