Cost of Living in Sykesville, MD

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

Cost of Living Overview

Overall Index

183.5

100 = national avg

+83.5 vs national average

Living Wage (1 Adult)

$80,730

per year

Living Wage (Family of 4)

$190,818

per year

Cost Index by Category

Housing
196.4
Food
153.7
Transportation
207.4
Healthcare
143.0
Utilities
151.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,511

per month

2 Bedroom

$1,857

per month

The overall cost of living index in Sykesville is 183.5, which is 83.5% above the national average. Housing costs are above the national average at an index of 196.4. A single adult needs to earn approximately $80,730 per year to cover basic expenses.