Cost of Living in Westminster, MD

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

Cost of Living Overview

Overall Index

132.5

100 = national avg

+32.5 vs national average

Living Wage (1 Adult)

$58,322

per year

Living Wage (Family of 4)

$137,851

per year

Cost Index by Category

Housing
162.2
Food
110.7
Transportation
121.4
Healthcare
108.6
Utilities
118.9

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 Westminster is 132.5, which is 32.5% above the national average. Housing costs are above the national average at an index of 162.2. A single adult needs to earn approximately $58,322 per year to cover basic expenses.