Cost of Living in Mountain Lake Park, MD

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

Cost of Living Overview

Overall Index

91.3

100 = national avg

-8.7 vs national average

Living Wage (1 Adult)

$40,187

per year

Living Wage (Family of 4)

$94,988

per year

Cost Index by Category

Housing
89.4
Food
94.7
Transportation
89.3
Healthcare
95.7
Utilities
94.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$864

per month

2 Bedroom

$973

per month

The overall cost of living index in Mountain Lake Park is 91.3, which is 8.7% below the national average. Housing costs are below the national average at an index of 89.4. A single adult needs to earn approximately $40,187 per year to cover basic expenses.