Cost of Living in Jessup, MD

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

Cost of Living Overview

Overall Index

184.2

100 = national avg

+84.2 vs national average

Living Wage (1 Adult)

$81,052

per year

Living Wage (Family of 4)

$191,576

per year

Cost Index by Category

Housing
222.5
Food
143.7
Transportation
187.4
Healthcare
134.9
Utilities
150.7

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 Jessup is 184.2, which is 84.2% above the national average. Housing costs are above the national average at an index of 222.5. A single adult needs to earn approximately $81,052 per year to cover basic expenses.