Cost of Living in Graceham, MD

With a cost of living index of 106, Graceham, MD is somewhat more expensive than average. Living here is 6% more expensive than the national average and 13% below the Maryland state average of 119. Graceham is a small community of 192 residents.

The median household income in Graceham is $125,341, which is 67% higher than the national median of $75,149.

Climate is another factor for anyone considering a move to Graceham. The area sees an average annual temperature of 55.4°F, with summers averaging 75°F and winters around 35°F. Annual rainfall totals 35.6 inches spread over roughly 124 days.

Everyday prices in the Washington-Arlington-Alexandria, DC-VA-MD-WV (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.