The cost of living in Dundalk, MD, shows mixed results compared to the nationwide average. Housing costs in Dundalk are 6% lower, while groceries are 5% higher. Utilities and transportation costs mirror the national average closely, at 2% lower and 3% lower, respectively. Healthcare expenses are slightly above the average, at 2% higher. Miscellaneous costs align perfectly with the national average, at 0% difference.
The cost of living index in Dundalk, Maryland, offers a balanced comparison to the nationwide average, which is set at 100. Housing costs in Dundalk are slightly lower than the national average, with an index of 94. This means that housing expenses in Dundalk are about 6% less than what one might expect to pay on average across the country. People relocating to Dundalk can expect to find housing that is more affordable, potentially providing some financial relief.
Dundalk's other expenses also vary in comparison to the national average. Groceries cost slightly more, with an index of 105, indicating a 5% increase over the national average. This means that grocery shopping might be a bit more expensive here than elsewhere. Utilities and transportation costs are very close to the national average, with indexes of 98 and 97, respectively. This suggests that these daily expenses are nearly the same as the national norm. Healthcare costs, indexed at 102, are also slightly above average, with a 2% increase. Miscellaneous costs align perfectly with the national average at 100, suggesting no significant difference in these expenses. Overall, Dundalk presents a cost of living that is slightly below the national average, especially in housing, but with a few areas where costs are slightly higher.
