Edgewater, MD, has a higher cost of living compared to the nationwide average. The cost of living index in Edgewater stands at 125, which is 25% higher than the national average of 100. This increase is driven by higher housing costs, which are 50% above the national average. Other categories like groceries, utilities, transportation, healthcare, and miscellaneous expenses also contribute to this higher index, though to a lesser extent.
Edgewater, MD, has a higher cost of living compared to the nationwide average, which is set at 100. Housing costs in Edgewater are notably higher, with an index of 150. This means that housing expenses are 50% more than the national average. For those considering a move, this significant increase could impact budget planning and overall affordability.
Other areas also show higher costs in Edgewater. Groceries, for example, have an index of 110, indicating a 10% increase over the national average. Utilities are 20% higher, with an index of 120. Transportation costs are 15% above average, at 115. Healthcare costs are also higher, with an index of 130, meaning they are 30% more expensive. Miscellaneous items have a slightly lower index of 105, showing a modest 5% increase. Overall, Edgewater's cost of living is substantially higher than the average, affecting various aspects of daily expenses.
