Cost of Living in Graceham, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
154.4
100 = national avg
+54.4 vs national average
Living Wage (1 Adult)
$67,946
per year
Living Wage (Family of 4)
$160,600
per year
Cost Index by Category
Housing179.5
Food145.8
Transportation86.6
Healthcare136.6
Utilities143.4
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 Graceham is 154.4, which is 54.4% above the national average. Housing costs are above the national average at an index of 179.5. A single adult needs to earn approximately $67,946 per year to cover basic expenses.