The cost of living in Edgewood, MD, stands slightly below the national average. Housing costs are 2% less, while groceries are about 2% more expensive. Utilities also remain 5% below the average, though healthcare costs are 10% higher.
In Edgewood, transportation costs match the national average at 1%. Miscellaneous expenses align perfectly with the nationwide standard. This mix of slightly lower and higher costs makes Edgewood an attractive option for those seeking affordability, with some trade-offs in healthcare spending.
The cost of living in Edgewood, MD, stands at 99 when compared to the nationwide average, which is set at 100. This means that overall, expenses in Edgewood are nearly on par with those across the nation. Housing costs in Edgewood are slightly lower, with an index of 98, suggesting that residents can find affordable living arrangements. Groceries, however, have a slightly higher cost with an index of 102, indicating that food prices are a bit steeper than average.
Utilities in Edgewood present a cost advantage, with an index of 95, meaning they are 5% cheaper than the national average. Transportation costs are almost identical to the national average, with an index of 99. Healthcare costs in Edgewood are slightly higher, at 110, which means they are 10% more expensive than the average. Miscellaneous costs match the national average at 100, showing no significant difference in other expenditures. This balanced overview of costs makes Edgewood a competitive option for those seeking a cost-effective living environment.
