National Harbor, MD, has a higher cost of living compared to the nationwide average. The overall cost of living index in National Harbor is 108, which is 8% higher than the national average of 100. Housing costs lead the way, with an index of 120, indicating a 20% increase over the national average. This suggests that job seekers should consider these higher expenses when planning their move to National Harbor.
National Harbor, MD, has a higher cost of living compared to the nationwide average, which is set at 100. Housing costs in this area are notably 20% higher, with an index of 120. This means that expenses related to renting or buying a home are significantly greater than the national average. For job seekers, this could mean budgeting more for housing, which is a significant part of the overall cost of living.
Other expenses in National Harbor also reflect higher costs. Groceries, for example, are 5% above the national average, with an index of 105. This indicates that food prices are slightly higher than what one might find in other parts of the country. Transportation costs are also 10% higher, with an index of 110, suggesting that commuting and other travel-related expenses will be more than average. While healthcare costs are only 2% higher at 102, miscellaneous expenses are 8% above the national average, with an index of 108. These factors combined paint a picture of a higher overall cost of living in National Harbor, MD.