Cost of living in Ridgely, Maryland

Ridgely, Maryland has about 1,772 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $276,700.

HUD's fair-market rent for a 2-bedroom in Caroline County is $1,320 a month. That is the county number, not an apartment listing in Ridgely. It runs from October 2026 through September 2027.

Maryland's prices sit at 105.0 when the U.S. average is 100. This place is not in a metro area with its own index, so this is the state number from BEA for 2024.

Maryland taxes wages. A typical combined sales tax is 6.0% as of January 1, 2026. That mix is statewide, not Ridgely's exact store tax.

Some places in Maryland add a local wage tax. In 2023 the state average was about 2.40% of income. That is not a Ridgely bill.

In July 2026, a typical Maryland home paid 21.41¢ per kilowatt-hour. That is a state average from EIA, not Ridgely's bill.

EIA did not publish a 2025 all-grades gas price for Maryland in the table we use.

Among 293 places we list in Maryland with a rent figure, 291 have higher typical rent than Ridgely.