The cost of living in Clarksburg, MD, exceeds the nationwide average, with an overall index of 115. This means residents face expenses that are 15% higher than the national average. Specific areas like housing and healthcare show particularly steep increases, with housing at 132 and healthcare at 120, indicating these categories cost significantly more than the average in other regions.
The cost of living index in Clarksburg, MD, showcases some interesting differences when compared to the nationwide average. For housing, residents face costs that are 32% higher than the national average. This means that the average rent or mortgage payment in Clarksburg is significantly above the median across the country, reflecting a higher standard of living or a more expensive local real estate market. Groceries in Clarksburg are also priced at a premium, sitting 5% above the national average. While this increase is less dramatic than housing, it still indicates that everyday food expenses are more costly in Clarksburg.
Utilities and transportation in Clarksburg mirror the broader cost trends. Utility costs are 10% higher, which includes expenses for electricity, gas, water, and trash services. Transportation costs, including fuel and public transit, are also 15% above the national average. This may be due to higher demand or the cost of commuting in the area. Healthcare costs, while important to consider, remain relatively close to the national average with only a 20% increase. Miscellaneous costs, including items such as clothing and entertainment, are just 8% higher than the nationwide average, offering a slight reprieve for residents. Overall, Clarksburg presents a mixed picture of living expenses, with some areas being notably higher and others closer to the national norm.