Edgewater, MD, has a higher cost of living than the nationwide average, with the overall index at 116. Housing costs lead this increase, standing at 32% above the national average. The cost of groceries and transportation in Edgewater also surpass the national average, at 8% and 18% higher, respectively.
The cost of living in Edgewater, Maryland, reflects a slightly higher standard compared to the nationwide average, which is indexed at 100. Specifically, housing costs in Edgewater stand at 132, which is 32% higher than the average. This indicates that residents can expect to spend more on rent or mortgage payments relative to other areas in the country. Groceries, another significant expense, also exceed the national average, coming in at 108—an 8% increase. This shows that day-to-day food shopping might be marginally more expensive in Edgewater.
Other living expenses show a mixed picture. Utilities in Edgewater are priced at 96, which is 4% below the national average. This suggests that costs for electricity, gas, water, and other utilities are slightly cheaper than average. Transportation costs are 118, meaning they are 18% higher than the nationwide average. This could affect budgets, especially for those relying on personal vehicles. Healthcare costs sit at 105, reflecting a 5% increase over the national average, while miscellaneous expenses are at 110, which is a 10% rise. Overall, Edgewater presents a varied cost of living scenario, with certain expenses significantly higher and others closer to or slightly below the national norm.
