Cost Of Living in Fairwood, MD

Get 300+ Local Insights for Any Address in Fairwood, MD

Get Access to 300+ Local Data Points

F

69%

Overall NAT. AVG.

4%

Groceries NAT. AVG.

216%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Fairwood	Maryland	National
Cost of living	169	121	100
Groceries	104	105	100
Health care	108	109	100
Housing	316	151	100
Transportation	107	109	100
Utilities	106	108	100
Lifestyle & Entertainment	106	109	100
Household Items	104	105	100
Education & Childcare	109	112	100

Does this Area Fit Your Budget?

Know the community before you call it home
Compare multiple areas side by side
Access over 300 data points for any address

GET REPORT →

Homes For Sale In Fairwood, MD

12802 Willow Marsh Ln

Bowie, MD

13201 Amelias Grove Ct

Bowie, MD

4003 Seaside Alder Rd #10207

Bowie, MD

4003 Seaside Alder Rd #10303

Bowie, MD

Cost Of Living Quick Facts

The cost of living in Fairwood is 40% higher than the Maryland average
The cost of living in Fairwood is 69% higher than the national average
Fairwood housing is 216% higher than the national average
Maryland general sales tax is 18% higher than the national average
Maryland state income tax is 23% lower than the national average

Most Affordable Places to Live in and Around Fairwood

See all the best places to live around Fairwood

Compare Fairwood, MD Cost of Living

Write a review to give others more information about this area.

See all Fairwood poll results

The best places in Maryland

Here are the best places to live in Maryland

Most Dangerous Cities In The US

Check out the 10 most dangerous cities in Maryland

Check out the 10 safest cities in Maryland

Salary Calculator

This is how much you would need to earn in

Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$261,454	$21,788	$6,100	$7,844
Renters	$210,749	$17,562	$4,917	$6,323

To approximate the cost of living and the housing affordability in Fairwood, MD, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Fairwood have a median income of $261,454. Therefore, the amount that a consumer should spend on housing costs should be no more than $6,100 per month to avoid calamity and poverty. The renters in the city have an income of about $210,749, which would make their monthly maximum allowable rental costs $4,917.

Maryland Sales Tax

State	General Sales Tax	With Max Surtax
Maryland	6%	6%

Maryland Income Tax

State	Income Tax (Low)	Income Tax (High)
Maryland	2%	5.75%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Edesville, MD	166	106	6.5%
Dundalk, MD	65,241	106	5.9%
Lansdowne, MD	8,964	104	4.0%
Baltimore, MD	621,744	108	7.9%
Rock Hall, MD	1,594	105	5.3%
Fairwood, MD	6,920	169	68.9%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Crescent City, CA	6,919	103	3.4%
Willis, TX	6,918	89	11.3%
Saint-Lambert-de-Lauzon, QC	6,916	n/a
Greenville, IL	6,924	86	14.0%
Catalina, AZ	6,915	101	1.0%
Fairwood, MD	6,920	169	68.9%

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

Cost of Living in Fairwood, MD

Homes For Sale In Fairwood, MD

Cost Of Living Quick Facts

Most Affordable Places to Live in and Around Fairwood

Compare Fairwood, MD Cost of Living

The best places in Maryland

Salary Calculator

Median Income & Debt-To-Income Ratio

Maryland Sales Tax

Maryland Income Tax

Nearby cities with low cost of living

Cities with similar population