The cost of living index in Fort Washington, MD, shows that housing costs are 15% higher than the nationwide average, with groceries at 10% more, utilities at 5% higher, and transportation at a notable 20% more expensive. Healthcare costs, however, are 5% lower than the national average. These variations highlight the importance of understanding local expenses when considering job opportunities in the area.
Overall, Fort Washington, MD, has a cost of living index that is 10% above the national average, influenced by higher housing and transportation costs. This index provides valuable insights for job seekers evaluating their potential relocation to Fort Washington.
Fort Washington, MD, exhibits a cost of living that is generally higher than the nationwide average of 100. Housing costs in Fort Washington stand at 115, which is 15% higher than the average. This increase suggests that finding suitable accommodations may require a larger portion of one's budget compared to other areas.
When examining other expenses, Fort Washington shows mixed results. Groceries cost 110, which means they are 10% more expensive than the average. Transportation also exceeds the average, with a cost of 120, indicating a 20% increase. Conversely, healthcare costs are slightly below the average at 95, offering a 5% reduction. Utilities cost 105, which is 5% above the average. This data highlights that while certain areas such as housing and transportation are pricier, others like healthcare offer some relief.