What is the cost of living in Cambridge, MD?
According to the most recent data on the cost of living, Cambridge has an overall cost of living index of 104, which is 1.0x higher than the national index of 100.
Compared to Maryland, Cambridge has a cost of living index that's 0.9x lower than Maryland's index of 121.
The standard of living in Cambridge ranks as #7 most affordable out of the 195 places we measured in Maryland. By definition, that implies Cambridge ranks as the #188 most expensive place in the Old Line State.
For more reading on life in Cambridge, check out:
Cambridge Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Cambridge. Here is how it fares on each of the criteria:
The Services index in Cambridge is 105.
The Groceries index in Cambridge is 111.
The Health index in Cambridge is 91.
The Housing index in Cambridge is 108.
The Transportation index in Cambridge is 107.
The Utilities index in Cambridge is 109.
| Living Expense | Cambridge | Maryland | National Average |
|---|---|---|---|
| Overall | 104 | 121 | 100 |
| Services | 105 | 104 | 100 |
| Groceries | 111 | 107 | 100 |
| Health | 91 | 152 | 100 |
| Housing | 108 | 109 | 100 |
| Transportation | 107 | 108 | 100 |
| Utilities | 109 | 109 | 100 |
Cambridge Cost Of Living Compared To Maryland Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Maryland, check out:
Protect your home budget Compare home warranties in Cambridge Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Cambridge, MD Housing Cost Breakdown
Housing swings affordability the most between places in Maryland, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Cambridge is $266,443.
The Median Rent in Cambridge is $1,058.
The Median Income in Cambridge is $47,323.
The Home Value To Income in Cambridge is 5.6x.
The Rent To Monthly Income in Cambridge is 0.27x.
Cambridge, MD Costs By Category
Detailed Cambridge Services costs vs. Maryland
Detailed Cambridge Groceries costs vs. Maryland
Detailed Cambridge Health costs vs. Maryland
Detailed Cambridge Transportation costs vs. Maryland
Cambridge SnackAbility
Cost Of Living In Cities Around Cambridge
The cost of living varies in the cities and towns around Cambridge. Here's a quick look at the cost of living in the most populous nearby places:
Bowie, MD has a cost of living index of 133, 1.3x Cambridge.
Severna Park, MD has a cost of living index of 154, 1.5x Cambridge.
Crofton, MD has a cost of living index of 140, 1.3x Cambridge.
| City | Population | Cost Of Living | Vs. Cambridge |
|---|---|---|---|
| Bowie, MD | 57,926 | 133 | 1.3x |
| Severna Park, MD | 40,228 | 154 | 1.5x |
| Crofton, MD | 29,549 | 140 | 1.3x |
| Arnold, MD | 24,303 | 144 | 1.4x |
| Lake Shore, MD | 18,249 | 136 | 1.3x |
| Riviera Beach, MD | 12,192 | 122 | 1.2x |
| Annapolis Neck, MD | 12,032 | 168 | 1.6x |
| Mitchellville, MD | 11,359 | 137 | 1.3x |
| Cape St. Claire, MD | 9,236 | 134 | 1.3x |
| Edgewater, MD | 8,519 | 133 | 1.3x |
