Cost of Living in Princess Anne, MD

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

Cost of Living Overview

Overall Index

94.2

100 = national avg

-5.8 vs national average

Living Wage (1 Adult)

$41,443

per year

Living Wage (Family of 4)

$97,955

per year

Cost Index by Category

Housing
112.6
Food
88.2
Transportation
76.4
Healthcare
90.6
Utilities
95.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$907

per month

2 Bedroom

$1,167

per month

The overall cost of living index in Princess Anne is 94.2, which is 5.8% below the national average. Housing costs are above the national average at an index of 112.6. A single adult needs to earn approximately $41,443 per year to cover basic expenses.