Cost of Living in Woodmore, MD

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

Cost of Living Overview

Overall Index

274.1

100 = national avg

+174.1 vs national average

Living Wage (1 Adult)

$120,610

per year

Living Wage (Family of 4)

$285,078

per year

Cost Index by Category

Housing
349.0
Food
192.7
Transportation
285.4
Healthcare
174.2
Utilities
200.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,015

per month

2 Bedroom

$2,246

per month

The overall cost of living index in Woodmore is 274.1, which is 174.1% above the national average. Housing costs are above the national average at an index of 349.0. A single adult needs to earn approximately $120,610 per year to cover basic expenses.