Cost of Living in Melwood, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
142.2
100 = national avg
+42.2 vs national average
Living Wage (1 Adult)
$62,578
per year
Living Wage (Family of 4)
$147,911
per year
Cost Index by Category
Housing180.1
Food114.1
Transportation128.3
Healthcare111.3
Utilities124.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,015
per month
2 Bedroom
$2,246
per month
The overall cost of living index in Melwood is 142.2, which is 42.2% above the national average. Housing costs are above the national average at an index of 180.1. A single adult needs to earn approximately $62,578 per year to cover basic expenses.