Cost of Living in Summerfield, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
156.9
100 = national avg
+56.9 vs national average
Living Wage (1 Adult)
$69,040
per year
Living Wage (Family of 4)
$163,185
per year
Cost Index by Category
Housing204.9
Food120.4
Transportation140.7
Healthcare116.3
Utilities133.2
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 Summerfield is 156.9, which is 56.9% above the national average. Housing costs are above the national average at an index of 204.9. A single adult needs to earn approximately $69,040 per year to cover basic expenses.