Cost of Living in Broomes Island, MD

With a cost of living index of 115, Broomes Island, MD is a notably expensive place to live. Living here is 15% more expensive than the national average and 4% below the Maryland state average of 119. Broomes Island is a small community of 422 residents.

The median household income in Broomes Island is $191,944, which is 155% higher than the national median of $75,149. While incomes are above average, they more than offset the higher cost of living.

Climate is another factor for anyone considering a move to Broomes Island. The area sees an average annual temperature of 58.3°F, with summers averaging 77°F and winters around 39°F. Annual rainfall totals 45.3 inches spread over roughly 118 days.

Everyday prices in the Lexington Park, MD (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 6 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.