Cost of Living in Frederick, MD

Updated November 2026 · Frederick County · Washington-Arlington-Alexandria, DC-VA-MD-WV metro area · population 83,395

Local cost index (CostLiving estimate)
107.0
More expensive than the US average
BEA index for the Washington-Arlington-Alexandria, DC-VA-MD-WV metro area: 108.9
Monthly budget
$3,171
single adult · $5,949 family of 4
Modelled estimate, before taxes
Median rent
$1,764
per month, gross rent · US $1,413
Median home value
$401,500
US $332,700 · Moderate

Prices in Frederick are 7.0% above the US average (local index 107.0; the BEA index for the Washington-Arlington-Alexandria, DC-VA-MD-WV metro area is 108.9), with local housing the biggest cost driver at 122.7; a single adult's modelled budget is about $3,171 a month and the median rent is $1,764.

Prices by category

CostLiving local estimate. 100 = US average; 110 means prices are 10% higher. Housing reflects Frederick's own median rent compared with the area's average rent; goods, utilities and other services are BEA's official price parities for the Washington-Arlington-Alexandria, DC-VA-MD-WV metro area, unchanged.

Frederick price index by category, US average = 100: All items 107.0, Housing (rents) 122.7, Goods 104.8, Utilities 106.7, Other services 102.3

Cheaper than US average More expensive · CostLiving estimate from BEA RPP 2024 and Census ACS rents

It is the 13th most expensive of the 19 Maryland cities in our data. More expensive than 67% of the cities we cover.

Official BEA Regional Price Parities for the Washington-Arlington-Alexandria, DC-VA-MD-WV metro area. 2024: goods 104.8, housing 151.1, utilities 106.7, other services 102.3.
BEA index201920202021202220232024
All items109.8111.4111.6111.2109.5108.9

Monthly budget by household type

1 adult · 1-bedroom · modelled estimate for Frederick, MD

CategoryPer monthPer yearShare
Housing (rent) $1,368 $16,416 43%
Utilities $308 $3,696 10%
Food at home $296 $3,552 9%
Transportation $665 $7,980 21%
Health care $360 $4,320 11%
Clothing, personal care & supplies $174 $2,088 5%
Total$3,171$38,052100%

2 adults · 2-bedroom · modelled estimate for Frederick, MD

CategoryPer monthPer yearShare
Housing (rent) $1,650 $19,800 33%
Utilities $486 $5,832 10%
Food at home $546 $6,552 11%
Transportation $1,318 $15,816 26%
Health care $667 $8,004 13%
Clothing, personal care & supplies $343 $4,116 7%
Total$5,010$60,120100%

2 adults + 2 children · 3-bedroom · modelled estimate for Frederick, MD

CategoryPer monthPer yearShare
Housing (rent) $1,764 $21,168 30%
Utilities $592 $7,104 10%
Food at home $779 $9,348 13%
Transportation $1,750 $21,000 29%
Health care $621 $7,452 10%
Clothing, personal care & supplies $443 $5,316 7%
Total$5,949$71,388100%

Modelled estimate of basic costs, excluding taxes, child care and savings. Housing is rent excluding tenant-paid utilities (counted under utilities). See how the budget is calculated.

Housing costs in Frederick

Rent by number of bedrooms

SizeMedian rent
Studio $1,660
1 bedroom $1,472
2 bedrooms $1,776
3 bedrooms $1,899
4 bedrooms $2,393

Median rent: Census ACS 2020-2024 median gross rent by bedrooms (rent plus tenant-paid utilities, all renters).

Rent, home values and affordability

MeasureValue
Median gross rent$1,764
Median contract rent (excl. utilities)$1,639
Median home value$401,500
Owner costs with a mortgage$2,222/mo
Median household income$97,069
Rent as % of renter income Expensive31.2%
Home value ÷ household income Moderate4.1×

Census ACS 5-year 2020-2024.

Electricity and gas prices

Residential electricity in Maryland

21.40¢ per kWh, August 2026

12-month change: +7.6% (from 19.89¢) · US 18.16¢

Aug 2025: 19.89¢/kWh Sep 2025: 21.10¢/kWh Oct 2025: 22.36¢/kWh Nov 2025: 21.38¢/kWh Dec 2025: 19.59¢/kWh Jan 2026: 20.61¢/kWh Feb 2026: 20.08¢/kWh Mar 2026: 22.20¢/kWh Apr 2026: 22.07¢/kWh May 2026: 21.78¢/kWh Jun 2026: 21.84¢/kWh Jul 2026: 21.41¢/kWh Aug 2026: 21.40¢/kWh

Average household uses 955 kWh a month in Maryland ≈ $202/month. Source: EIA-861M (statewide average).

Regular gasoline regional figure: Central Atlantic (PADD 1B)

$4.23 per gallon, week of 2026-11-02

12-month change: +38.3% (from $3.06) · US $4.15

2026-05-11: $4.534/gal 2026-05-18: $4.527/gal 2026-05-25: $4.486/gal 2026-06-01: $4.368/gal 2026-06-08: $4.255/gal 2026-06-15: $4.140/gal 2026-06-22: $4.015/gal 2026-06-29: $3.915/gal 2026-07-06: $3.874/gal 2026-07-13: $3.925/gal 2026-07-20: $4.098/gal 2026-07-27: $4.174/gal 2026-08-03: $4.139/gal 2026-08-10: $4.060/gal 2026-08-17: $4.038/gal 2026-08-24: $4.094/gal 2026-08-31: $4.117/gal 2026-09-07: $4.240/gal 2026-09-14: $4.387/gal 2026-09-21: $4.438/gal 2026-09-28: $4.411/gal 2026-10-05: $4.363/gal 2026-10-12: $4.347/gal 2026-10-19: $4.312/gal 2026-10-26: $4.251/gal 2026-11-02: $4.232/gal

EIA weekly retail price survey; Maryland is covered by the Central Atlantic (PADD 1B) average.

Inflation in the South

Consumer prices in the South Census region rose +3.4% in the 12 months to September 2026 (US +3.7%). Nationally, food at home changed +1.8%, shelter +3.2% and energy +20.4%. Source: BLS CPI-U, not seasonally adjusted. CPI is published for regions and large metro areas, so the regional figure is shown.

Salary equivalent

Because prices in Frederick are 7.0% above the US average, $60,000 here has the buying power of about $56,100 in an average-priced US area.

Same buying power in an average-priced US area$56,100
Needed in Frederick to match $60,000 in an average-priced US area$64,200

Formula: US-equivalent = salary × 100 ÷ 107.0. Based on the local cost index (CostLiving estimate from BEA RPP and Census rents); taxes not included.

Nearby cities

CityDistanceIndexBudget (single)Median rent
Germantown, MD20 mi110.5 $3,345$2,040
Gaithersburg, MD23 mi110.7 $3,439$2,058
Rockville, MD28 mi113.4 $3,686$2,274
Aspen Hill, MD30 mi108.9 $3,337$1,916
Ellicott City, MD33 mi109.3 $3,352$2,061
Wheaton, MD33 mi112.0 $3,314$2,163

Cities with a similar cost of living

CityIndexBudget (single)Median rent
Lakewood, CO106.9 $3,250$1,806
Tigard, OR106.9 $3,201$1,782
Novi, MI106.9 $2,950$1,747
Downers Grove, IL106.9 $3,013$1,656
Buckeye, AZ106.8 $3,208$1,963
Danbury, CT107.1 $3,192$1,846

Compare Frederick with another city

Frequently asked questions

Is Frederick, MD an expensive place to live?

Frederick has a local cost of living index of 107.0, which is 7.0% above the US average. This CostLiving estimate starts from the BEA Regional Price Parities 2024 for the Washington-Arlington-Alexandria, DC-VA-MD-WV metro area (108.9) and adjusts housing to Frederick's own rents. It is 2.0 points above the Maryland average. It is the 13th most expensive of the 19 Maryland cities in our data. More expensive than 67% of the cities we cover.

How much money do you need to live in Frederick?

Our modelled estimate of basic monthly costs is $3,171 for a single adult, $5,010 for a couple and $5,949 for a family of four, before taxes, child care and savings. A $60,000 salary in an average-priced US area buys about the same as $64,200 in Frederick.

What is the average rent in Frederick?

The median gross rent (rent plus tenant-paid utilities) is $1,764 a month (Census ACS 2020-2024). By size: 1 bedroom $1,472, 2 bedrooms $1,776, 3 bedrooms $1,899. The typical renter spends 31.2% of household income on rent (expensive).

How much does a house cost in Frederick?

The median owner-estimated home value is $401,500, 4.1 times the median household income of $97,069 (moderate). Owners with a mortgage pay a median $2,222 a month in housing costs.

How much is electricity and gas in Frederick?

Maryland residential electricity averaged 21.40¢ per kWh in August 2026 (US 18.16¢). Regular gasoline was $4.23 a gallon (Central Atlantic (PADD 1B) average, week of 2026-11-02).

Sources and notes

Labels such as “county figure” or “state nonmetro figure” mark values that come from a larger area because the city-level figure is unavailable or unreliable. The monthly budget is a modelled estimate, not observed spending, and excludes taxes. This page is for general information and is not financial advice. Methodology · All sources