Cost of Living in Mount Vernon, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
117.6
100 = national avg
+17.6 vs national average
Living Wage (1 Adult)
$51,738
per year
Living Wage (Family of 4)
$122,289
per year
Cost Index by Category
Housing105.1
Food117.6
Transportation135.3
Healthcare114.1
Utilities111.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$907
per month
2 Bedroom
$1,167
per month
The overall cost of living index in Mount Vernon is 117.6, which is 17.6% above the national average. Housing costs are above the national average at an index of 105.1. A single adult needs to earn approximately $51,738 per year to cover basic expenses.