Cost of Living in Maryland

What it really costs to live here: housing, food, utilities and more.

Regional Price Parity, all items
105
2024 · BEA Regional Price Parities
Housing price parity (rents)
121.1
2024 · BEA Regional Price Parities
Utilities price parity
110.9
2024 · BEA Regional Price Parities
Goods price parity
102.5
2024 · BEA Regional Price Parities
Healthcare cost index
100
Regular gasoline price
$4.36 per gallon
Week of 2026-10-05 · U.S. EIA weekly retail price
Cost of living index
116.0
U.S. avg = 100
Housing cost index
139

Historical data

Pick an indicator to see its long-run evolution.

Cost of living index

2010–2024
116▼ 4%

MERIC composite index, U.S. average = 100.

Cost of Living Index

Regional Price Parity, all items
105
2024 · BEA Regional Price Parities
Rank
8th most expensive
U.S. average
100

Regional Price Parity, all items

2008–2024
105▼ 3%

BEA Regional Price Parities (SARPP line 1).

IndicatorMarylandU.S.
Regional Price Parity, all items2024, BEA Regional Price Parities105100

Housing Costs

Housing price parity (rents)
121.1
2024 · BEA Regional Price Parities
Median owner cost
$2,270 / month
Median rent
$1,700 / month

Housing price parity (rents)

2008–2024
121.1▼ 9%

BEA Regional Price Parities, housing (SARPP line 3).

IndicatorMarylandU.S.
Housing price parity (rents)2024, BEA Regional Price Parities121.1100

Utility Costs

Utilities price parity
110.9
2024 · BEA Regional Price Parities
Electricity price per kWh (Baltimore–Columbia–Towson)
$0.181 per kWh
2024 · BLS Average Price Data
Average electricity bill
$140 / month
Electricity price
14.5 ¢/kWh

Utilities price parity

2008–2024
110.9▼ 10%

BEA Regional Price Parities, utilities (SARPP line 4).

Electricity price per kWh (Baltimore–Columbia–Towson)

1979–2024
$0.181▲ 293%

BLS Average Price Data, annual average (APUS35E72610).

IndicatorMarylandU.S.
Utilities price parity2024, BEA Regional Price Parities110.9100

Food Costs

Goods price parity
102.5
2024 · BEA Regional Price Parities
Average monthly grocery bill
$490
Restaurant meal
$19

Goods price parity

2008–2024
102.5▼ 2%

BEA Regional Price Parities, goods (SARPP line 2).

IndicatorMarylandU.S.
Goods price parity2024, BEA Regional Price Parities102.5100

Healthcare Costs

Healthcare cost index
100
Average annual premium
$8,150
Doctor visit
$135

Transportation Costs

Regular gasoline price
$4.36 per gallon
Week of 2026-10-05 · U.S. EIA weekly retail price
Annual commuting cost
$3,900

Regular gasoline price

1994–2025
$3.12▲ 184%

U.S. EIA weekly retail price, all formulations, Central Atlantic region (PADD 1B), annual average (EMM_EPMR_PTE_R1Y_DPG).

IndicatorMarylandU.S.
Regular gasoline priceWeek of 2026-10-05, U.S. EIA weekly retail price$4.36 per gallon$4.35 per gallon

More figures

Utilities index
107
Food & groceries index
105
Healthcare index
98
Transportation index
108
Avg. electricity bill
$155 /mo