Cost of Living in Lochearn, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
125.4
100 = national avg
+25.4 vs national average
Living Wage (1 Adult)
$55,181
per year
Living Wage (Family of 4)
$130,429
per year
Cost Index by Category
Housing148.8
Food108.3
Transportation116.6
Healthcare106.6
Utilities114.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,511
per month
2 Bedroom
$1,857
per month
The overall cost of living index in Lochearn is 125.4, which is 25.4% above the national average. Housing costs are above the national average at an index of 148.8. A single adult needs to earn approximately $55,181 per year to cover basic expenses.