Fort Washington, MD, has a higher cost of living compared to the nationwide average. The overall cost of living index in Fort Washington is 118, which is 18% higher than the average of 100. This increase is driven by higher housing costs, which are 30% above the national average.
Other categories like groceries and healthcare also show significant increases, with indices of 115 and 120, respectively. Utilities and transportation are slightly above average, while miscellaneous costs are 25% higher. These factors make Fort Washington more expensive than the national average.
Fort Washington, MD, has a higher cost of living compared to the nationwide average. The housing index in Fort Washington stands at 130, which is 30% higher than the national average of 100. This means that housing costs in Fort Washington are significantly more expensive, making it a key factor for potential residents to consider.
Other expenses in Fort Washington also exceed the national average. For instance, groceries cost 15% more, with an index of 115. Utilities are 5% higher at 105, and transportation costs are 10% above average at 110. Healthcare costs are 20% higher, with an index of 120, while miscellaneous expenses are 25% more at 125. These figures highlight that living in Fort Washington involves higher expenses across various categories compared to the national average.