Cost of Living in Lutherville, MD

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

Cost of Living Overview

Overall Index

167.7

100 = national avg

+67.7 vs national average

Living Wage (1 Adult)

$73,773

per year

Living Wage (Family of 4)

$174,372

per year

Cost Index by Category

Housing
184.0
Food
141.1
Transportation
182.2
Healthcare
132.9
Utilities
141.5

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 Lutherville is 167.7, which is 67.7% above the national average. Housing costs are above the national average at an index of 184.0. A single adult needs to earn approximately $73,773 per year to cover basic expenses.