Cost of Living in Cloverly, MD
Population 16,726 · Maryland · Data vintage 2023
(100 = US avg)
Cloverly's housing market reflects its status as a high-earning metro: $652,000 for a typical home, 114% above the US median, paired with household incomes around $146,316 that put it in the upper third of the state. Unemployment has stayed elevated relative to the national figure — 9.4% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Geographically, Cloverly sits roughly 10 miles southwest of Columbia. Median home values run roughly 36% higher than Columbia's $480,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Cloverly
The median home value in Cloverly is $652,200 — 114% above the national median of $305,000. Median rent runs $2,031/month, 55% higher than the national median of $1,314/month. The median household income of $146,316/year is 96% higher than the US median of $74,580. The local unemployment rate is 9.4%, above the national average of 4.8%. Maryland's top state income tax rate is 5.8% and the combined sales tax is 6.0%. Overall, Cloverly has a cost of living index of 190 versus the US average of 100, meaning it is 90% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Cloverly, MD?
Cloverly has a cost index of 190 (100 = national average). It is 90% above the national average.
What is average rent in Cloverly, MD?
The median gross rent in Cloverly is $2,031 per month based on 2023 Census data.
What is the average home price in Cloverly?
The median home value in Cloverly is $652,200 according to 2023 Census ACS data.
What is the median income in Cloverly?
The median household income in Cloverly is $146,316 per year (2023 ACS 5-year estimates).
What is the sales tax in Cloverly, MD?
The combined state and local sales tax rate in Cloverly is 6.0%. The Maryland state income tax top rate is 5.8%.
Is Cloverly, MD affordable?
Cloverly is above average in cost of living, with an index of 190 — about 90% higher than the national average.
Cloverly at a Glance
- Population
- 16,726
- Median Income
- $146,316
- Home Value
- $652,200
- Median Rent
- $2,031/mo
- Unemployment
- 9.4%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Maryland Rankings
Similar Cost Cities
Cities in other states with comparable housing costs