Cost of Living in New Carrollton, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
148.9
100 = national avg
+48.9 vs national average
Living Wage (1 Adult)
$65,504
per year
Living Wage (Family of 4)
$154,828
per year
Cost Index by Category
Housing201.6
Food111.4
Transportation130.4
Healthcare109.1
Utilities127.1
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 New Carrollton is 148.9, which is 48.9% above the national average. Housing costs are above the national average at an index of 201.6. A single adult needs to earn approximately $65,504 per year to cover basic expenses.