Cost of Living in Garrett Park, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
320.8
100 = national avg
+220.8 vs national average
Living Wage (1 Adult)
$141,162
per year
Living Wage (Family of 4)
$333,655
per year
Cost Index by Category
Housing389.1
Food200.0
Transportation382.2
Healthcare200.0
Utilities200.0
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 Garrett Park is 320.8, which is 220.8% above the national average. Housing costs are above the national average at an index of 389.1. A single adult needs to earn approximately $141,162 per year to cover basic expenses.