Cost of Living in Herald Harbor, MD

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

Cost of Living Overview

Overall Index

205.6

100 = national avg

+105.6 vs national average

Living Wage (1 Adult)

$90,448

per year

Living Wage (Family of 4)

$213,786

per year

Cost Index by Category

Housing
248.4
Food
156.9
Transportation
213.8
Healthcare
145.5
Utilities
163.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,511

per month

2 Bedroom

$1,857

per month

The overall cost of living index in Herald Harbor is 205.6, which is 105.6% above the national average. Housing costs are above the national average at an index of 248.4. A single adult needs to earn approximately $90,448 per year to cover basic expenses.