Cost of Living in Gorman, MD

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

82.2

100 = national avg

-17.8 vs national average

Living Wage (1 Adult)

$36,155

per year

Living Wage (Family of 4)

$85,458

per year

Cost Index by Category

Housing
38.1
Food
105.7
Transportation
111.4
Healthcare
104.6
Utilities
91.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$864

per month

2 Bedroom

$973

per month

The overall cost of living index in Gorman is 82.2, which is 17.8% below the national average. Housing costs are below the national average at an index of 38.1. A single adult needs to earn approximately $36,155 per year to cover basic expenses.