Cost of Living in Jefferson, MD

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

Cost of Living Overview

Overall Index

187.0

100 = national avg

+87.0 vs national average

Living Wage (1 Adult)

$82,265

per year

Living Wage (Family of 4)

$194,445

per year

Cost Index by Category

Housing
187.5
Food
161.3
Transportation
222.7
Healthcare
149.1
Utilities
154.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,015

per month

2 Bedroom

$2,246

per month

The overall cost of living index in Jefferson is 187.0, which is 87.0% above the national average. Housing costs are above the national average at an index of 187.5. A single adult needs to earn approximately $82,265 per year to cover basic expenses.