The cost of living index in Largo, MD, shows that housing costs are 14% higher than the nationwide average. This increase is due to the higher housing index of 114. Other categories like groceries and transportation also show slight increases, with groceries at 5% above the average and transportation at 10% higher.
Overall, the cost of living in Largo, MD, is slightly above the national average, with most categories showing modest increases. This information can help job seekers understand potential living expenses when considering positions in Largo.
The cost of living in Largo, MD, shows some differences when compared to the nationwide average. Housing costs in Largo are 14% higher than the national average, with an index of 114. This means that residents can expect to pay more for rent or mortgage payments. Groceries in Largo are also slightly higher, at 5% above the average, with an index of 105. This indicates that food expenses will be a bit more than what someone might find elsewhere.
Utilities in Largo are close to the average, with an index of 98, which is 2% lower. This suggests that residents might find some savings on their utility bills. Transportation costs are 10% higher, with an index of 110, meaning that commuting and other travel expenses will be more than the national average. Healthcare costs in Largo are also 10% higher, with an index of 110, indicating that medical expenses could be a significant factor. Miscellaneous costs are 2% above the average, with an index of 102, showing that other expenses will also be slightly higher.