Cost of Living in Fairmount, MD

With a cost of living index of 97, Fairmount, MD is slightly more affordable than average. Living here is 3% cheaper than the national average and 22% below the Maryland state average of 119. Fairmount is a small community of 357 residents.

The median household income in Fairmount is $70,708, which is 6% lower than the national median of $75,149.

Climate is another factor for anyone considering a move to Fairmount. The area sees an average annual temperature of 57.8°F, with summers averaging 76°F and winters around 40°F. Annual rainfall totals 43.3 inches spread over roughly 119 days.

Everyday prices in the Salisbury, MD (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower 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.