Cost of Living in Lonaconing, MD

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

Cost of Living Overview

Overall Index

74.4

100 = national avg

-25.6 vs national average

Living Wage (1 Adult)

$32,746

per year

Living Wage (Family of 4)

$77,400

per year

Cost Index by Category

Housing
63.9
Food
83.6
Transportation
83.1
Healthcare
86.9
Utilities
82.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$823

per month

2 Bedroom

$973

per month

The overall cost of living index in Lonaconing is 74.4, which is 25.6% below the national average. Housing costs are below the national average at an index of 63.9. A single adult needs to earn approximately $32,746 per year to cover basic expenses.