The cost of living in Denton, MD, exceeds the nationwide average by 12%. This increase is primarily driven by higher housing costs, which stand at 112 compared to the national average of 100. Other expenses like groceries and transportation are slightly below the national average, but the overall index remains higher.
The cost of living in Denton, MD, shows some variations compared to the nationwide average. Housing costs in Denton are 12% higher than the national average, with an index of 112. This means that expenses related to housing, such as rent or mortgage, are significantly more expensive for residents in Denton. Groceries, however, are slightly below the national average, with an index of 98, indicating a 2% lower cost for food items.
Utilities in Denton also exceed the national average, with an index of 107, which is 7% higher. This suggests that residents may spend more on services like electricity, gas, and water. Transportation costs are 5% lower than the national average, with an index of 95, offering some relief to those who need to commute. Healthcare costs are 5% above the national average, with an index of 105, indicating higher expenses for medical services. Miscellaneous costs, with an index of 102, are 2% higher than the national average, reflecting a slight increase in other living expenses.
