Cost of Living in Solomons, MD

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

Cost of Living Overview

Overall Index

182.6

100 = national avg

+82.6 vs national average

Living Wage (1 Adult)

$80,363

per year

Living Wage (Family of 4)

$189,949

per year

Cost Index by Category

Housing
279.6
Food
118.2
Transportation
136.4
Healthcare
114.5
Utilities
146.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,851

per month

2 Bedroom

$2,083

per month

The overall cost of living index in Solomons is 182.6, which is 82.6% above the national average. Housing costs are above the national average at an index of 279.6. A single adult needs to earn approximately $80,363 per year to cover basic expenses.