The cost of living index in Boonsboro, MD, shows that housing costs are 10% higher than the nationwide average. This increase is due to the housing index of 110 compared to the national average of 100. Other categories like groceries, utilities, transportation, healthcare, and miscellaneous expenses are slightly below or close to the national average, making Boonsboro a relatively affordable place to live.
The cost of living in Boonsboro, MD, compared to the nationwide average, shows some notable differences. Housing costs in Boonsboro are 10% higher than the national average, with an index of 110. This means that housing expenses, such as rent or mortgage payments, are significantly more than what people might expect on average across the country. Groceries, on the other hand, are slightly lower, with an index of 95, meaning they cost 5% less than the national average.
Utilities in Boonsboro are 2% higher than the national average, with an index of 102. This includes costs for electricity, gas, water, and other essential services. Transportation costs are nearly on par with the national average, with an index of 97, indicating a minimal difference of 3%. Healthcare costs in Boonsboro match the national average, with an index of 100, suggesting no significant variation in this category. Miscellaneous expenses, which cover a range of items like clothing and entertainment, are 5% higher in Boonsboro, with an index of 105. These variations provide a clear picture of where Boonsboro stands in terms of cost of living compared to the rest of the country.