Cost of Living in Mount Savage, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
71.6
100 = national avg
-28.4 vs national average
Living Wage (1 Adult)
$31,511
per year
Living Wage (Family of 4)
$74,480
per year
Cost Index by Category
Housing44.7
Food91.1
Transportation82.2
Healthcare92.9
Utilities83.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$823
per month
2 Bedroom
$973
per month
The overall cost of living index in Mount Savage is 71.6, which is 28.4% below the national average. Housing costs are below the national average at an index of 44.7. A single adult needs to earn approximately $31,511 per year to cover basic expenses.