The cost of living index in Largo, MD, stands at 108, slightly above the nationwide average of 100. This modest increase indicates that residents can expect housing costs to be about 15% higher than the national average, with other categories like groceries and transportation also moderately elevated.
Overall, Largo offers a cost of living that is 8% more than the average American city, with notable differences in specific areas such as housing and transportation. Job seekers should consider these factors when evaluating living expenses in Largo, MD.
The cost of living in Largo, Maryland, shows variations when compared to the nationwide average, which is set at 100. Housing in Largo stands at 115, meaning it is 15% higher than the national average. This increase could significantly impact individuals and families considering relocating to Largo, as they will likely face higher expenses for renting or purchasing homes.
Additionally, the cost of groceries in Largo is 105, indicating a 5% increase over the national average. While this is a moderate rise, it still affects household budgets. Utilities, however, are slightly below the national average at 98, offering some relief in this category. Transportation costs are 110, showing a 10% increase, which can affect daily commutes and overall expenses for those needing to drive. Healthcare costs in Largo are at 103, with a 3% increase, and miscellaneous expenses are at 107, reflecting a 7% rise. These figures illustrate that while some areas in Largo offer relatively lower costs, others present higher expenses, which prospective residents should consider carefully.
