Cost of Living in Sharpsburg, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
104.6
100 = national avg
+4.6 vs national average
Living Wage (1 Adult)
$46,022
per year
Living Wage (Family of 4)
$108,779
per year
Cost Index by Category
Housing102.1
Food104.3
Transportation108.6
Healthcare103.4
Utilities103.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$961
per month
2 Bedroom
$1,261
per month
The overall cost of living index in Sharpsburg is 104.6, which is 4.6% above the national average. Housing costs are above the national average at an index of 102.1. A single adult needs to earn approximately $46,022 per year to cover basic expenses.