Edgewood, MD, has a higher cost of living compared to the nationwide average, with a cost of living index of 110. This figure indicates that living expenses in Edgewood are 10% higher than the national average. Specifically, housing costs stand at 25% above the national average, while groceries and healthcare are 10% and 15% higher, respectively. Utilities and transportation costs are slightly above average, while miscellaneous expenses are just 2% higher.
The cost of living in Edgewood, MD, shows some variations compared to the nationwide average. Housing costs are notably higher, with an index of 125. This means housing expenses in Edgewood are 25% above the national average. For job seekers considering Edgewood, this could significantly impact their budget if they are looking to rent or buy a home.
Other expenses also differ from the national average. Groceries in Edgewood have a cost of living index of 110, which is 10% higher than the national average. Utilities are slightly above average at 105, meaning they are 5% higher. Healthcare costs are 15% higher, with an index of 115. Transportation costs are lower, at 95, which is 5% below the national average. Miscellaneous costs are close to the national average, with an index of 102, showing a 2% increase. These differences highlight the need for job seekers to consider these factors when planning their move to Edgewood.
