Edgewood, MD, has a cost of living index that is slightly lower than the nationwide average. The overall index stands at 100%, but Edgewood's index is 99%, making it a more affordable place to live. Housing costs in Edgewood are 5% below the national average, while groceries and utilities are slightly higher. This balance makes Edgewood a cost-effective option for many job seekers.
The cost of living in Edgewood, MD, offers a balanced comparison to the nationwide average, which is set at 100. Housing costs in Edgewood stand at 95, indicating that residents can expect to spend 5% less on housing compared to the national average. This lower housing cost can be a significant factor for job seekers who are considering the affordability of living in Edgewood.
In other areas, the cost of living in Edgewood remains close to the national average. Groceries cost 107, which is 7% higher than the average. Utilities are slightly above the average at 102, meaning a 2% increase. Transportation costs are at 105, reflecting a 5% higher expense. Healthcare costs are slightly lower at 97, which is a 3% decrease. Miscellaneous expenses, however, match the national average at 100. Overall, Edgewood provides a mix of both lower and higher costs in various categories, making it a competitive option for those looking to balance affordability with quality of life.
