Cost of Living in Highfield-Cascade, MD

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

Cost of Living Overview

Overall Index

105.6

100 = national avg

+5.6 vs national average

Living Wage (1 Adult)

$46,452

per year

Living Wage (Family of 4)

$109,796

per year

Cost Index by Category

Housing
119.8
Food
98.0
Transportation
96.1
Healthcare
98.4
Utilities
102.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$961

per month

2 Bedroom

$1,261

per month

The overall cost of living index in Highfield-Cascade is 105.6, which is 5.6% above the national average. Housing costs are above the national average at an index of 119.8. A single adult needs to earn approximately $46,452 per year to cover basic expenses.