The cost of living index in Forest Hill, MD, shows that housing costs are 20% higher than the nationwide average. This increase is due to the housing index being at 120, compared to the national average of 100. Other categories like groceries, utilities, and transportation also show slight increases, with groceries at 5%, utilities at 5% lower, and transportation at 10% higher. Healthcare and miscellaneous costs remain close to the national average, with healthcare at 100 and miscellaneous at 2%.
The cost of living in Forest Hill, MD, shows some variations when compared to the nationwide average. Housing costs in Forest Hill are notably higher, with an index of 120. This means housing expenses are 20% higher than the national average. For job seekers considering Forest Hill, this could mean a significant portion of their budget will go towards housing.
Other expenses also reflect this trend. Groceries in Forest Hill have a cost of living index of 105, which is 5% higher than the average. Transportation costs are slightly higher as well, with an index of 110. This indicates a 10% increase over the national average. Utilities, however, are slightly lower, with an index of 95, meaning they are 5% cheaper than the national average. Healthcare costs remain at par with the national average, with an index of 100. Miscellaneous expenses are also slightly above average, with an index of 102, indicating a 2% increase. Overall, Forest Hill presents a mixed picture of cost of living, with some areas being notably more expensive than the national average.
