What is the cost of living in Fairwood, MD?
According to the most recent data on the cost of living, Fairwood has an overall cost of living index of 167, which is 1.7x higher than the national index of 100.
Compared to Maryland, Fairwood has a cost of living index that's 1.4x higher than Maryland's index of 121.
The standard of living in Fairwood ranks as #186 most affordable out of the 195 places we measured in Maryland. By definition, that implies Fairwood ranks as the #9 most expensive place in the Old Line State.
For more reading on life in Fairwood, check out:
Fairwood Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Fairwood. Here is how it fares on each of the criteria:
The Services index in Fairwood is 104.
The Groceries index in Fairwood is 109.
The Health index in Fairwood is 316.
The Housing index in Fairwood is 105.
The Transportation index in Fairwood is 107.
The Utilities index in Fairwood is 107.
| Living Expense | Fairwood | Maryland | National Average |
|---|---|---|---|
| Overall | 167 | 121 | 100 |
| Services | 104 | 104 | 100 |
| Groceries | 109 | 107 | 100 |
| Health | 316 | 152 | 100 |
| Housing | 105 | 109 | 100 |
| Transportation | 107 | 108 | 100 |
| Utilities | 107 | 109 | 100 |
Fairwood 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 Fairwood Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Fairwood, 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 Fairwood is $730,365.
The Median Rent in Fairwood is $3,435.
The Median Income in Fairwood is $181,458.
The Home Value To Income in Fairwood is 4.0x.
The Rent To Monthly Income in Fairwood is 0.23x.
Fairwood, MD Costs By Category
Detailed Fairwood Services costs vs. Maryland
Detailed Fairwood Groceries costs vs. Maryland
Detailed Fairwood Health costs vs. Maryland
Detailed Fairwood Transportation costs vs. Maryland
Fairwood SnackAbility
Cost Of Living In Cities Around Fairwood
The cost of living varies in the cities and towns around Fairwood. 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, 0.8x Fairwood.
Ilchester, MD has a cost of living index of 139, 0.8x Fairwood.
North Laurel, MD has a cost of living index of 137, 0.8x Fairwood.
| City | Population | Cost Of Living | Vs. Fairwood |
|---|---|---|---|
| Bowie, MD | 57,926 | 133 | 0.8x |
| Ilchester, MD | 28,364 | 139 | 0.8x |
| North Laurel, MD | 25,563 | 137 | 0.8x |
| Seabrook, MD | 18,317 | 127 | 0.8x |
| Colesville, MD | 14,519 | 145 | 0.9x |
| Lake Arbor, MD | 14,335 | 134 | 0.8x |
| Kettering, MD | 14,014 | 129 | 0.8x |
| Glenn Dale, MD | 13,772 | 140 | 0.8x |
| Kemp Mill, MD | 13,042 | 147 | 0.9x |
| Lanham, MD | 11,433 | 129 | 0.8x |
