Cost of Living in Kensington, MD

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

Cost of Living Overview

Overall Index

231.4

100 = national avg

+131.4 vs national average

Living Wage (1 Adult)

$101,816

per year

Living Wage (Family of 4)

$240,657

per year

Cost Index by Category

Housing
332.1
Food
164.4
Transportation
150.2
Healthcare
151.5
Utilities
185.1

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 Kensington is 231.4, which is 131.4% above the national average. Housing costs are above the national average at an index of 332.1. A single adult needs to earn approximately $101,816 per year to cover basic expenses.