Cost of Living in Mayo, MD

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

Cost of Living Overview

Overall Index

216.4

100 = national avg

+116.4 vs national average

Living Wage (1 Adult)

$95,205

per year

Living Wage (Family of 4)

$225,029

per year

Cost Index by Category

Housing
266.0
Food
161.7
Transportation
223.5
Healthcare
149.4
Utilities
170.2

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 Mayo is 216.4, which is 116.4% above the national average. Housing costs are above the national average at an index of 266.0. A single adult needs to earn approximately $95,205 per year to cover basic expenses.