Cost of Living in Savage, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
182.9
100 = national avg
+82.9 vs national average
Living Wage (1 Adult)
$80,459
per year
Living Wage (Family of 4)
$190,176
per year
Cost Index by Category
Housing228.5
Food139.7
Transportation179.4
Healthcare131.8
Utilities149.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,511
per month
2 Bedroom
$1,857
per month
The overall cost of living index in Savage is 182.9, which is 82.9% above the national average. Housing costs are above the national average at an index of 228.5. A single adult needs to earn approximately $80,459 per year to cover basic expenses.