Cost of Living in Romancoke, MD

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

Cost of Living Overview

Overall Index

175.0

100 = national avg

+75.0 vs national average

Living Wage (1 Adult)

$77,012

per year

Living Wage (Family of 4)

$182,029

per year

Cost Index by Category

Housing
206.0
Food
140.2
Transportation
180.5
Healthcare
132.2
Utilities
145.3

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 Romancoke is 175.0, which is 75.0% above the national average. Housing costs are above the national average at an index of 206.0. A single adult needs to earn approximately $77,012 per year to cover basic expenses.