Cost of Living in Pikesville, MD

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

Cost of Living Overview

Overall Index

150.9

100 = national avg

+50.9 vs national average

Living Wage (1 Adult)

$66,389

per year

Living Wage (Family of 4)

$156,919

per year

Cost Index by Category

Housing
193.8
Food
124.3
Transportation
112.1
Healthcare
119.4
Utilities
133.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,511

per month

2 Bedroom

$1,857

per month

The overall cost of living index in Pikesville is 150.9, which is 50.9% above the national average. Housing costs are above the national average at an index of 193.8. A single adult needs to earn approximately $66,389 per year to cover basic expenses.