Cost of Living in Spring Ridge, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
192.8
100 = national avg
+92.8 vs national average
Living Wage (1 Adult)
$84,821
per year
Living Wage (Family of 4)
$200,486
per year
Cost Index by Category
Housing208.0
Food159.4
Transportation218.7
Healthcare147.5
Utilities157.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,015
per month
2 Bedroom
$2,246
per month
The overall cost of living index in Spring Ridge is 192.8, which is 92.8% above the national average. Housing costs are above the national average at an index of 208.0. A single adult needs to earn approximately $84,821 per year to cover basic expenses.