The cost of living index in North Bethesda, MD, is higher than the nationwide average in several key areas. Housing costs are 40% higher, groceries are 15% more expensive, utilities cost 5% more, transportation is 20% pricier, healthcare is 30% higher, and miscellaneous expenses are 10% more. On average, living in North Bethesda, MD, costs about 114% of the nationwide average.
North Bethesda, MD, presents a higher cost of living compared to the nationwide average, which is set at 100. The housing index in North Bethesda stands at 140, indicating that housing costs are 40% higher than the national average. This significant increase highlights the need for individuals relocating or considering a move to this area to budget more for housing.
Other areas in North Bethesda also show higher expenses. For example, groceries cost 15% more, with an index of 115. Utilities, while slightly above average at 105, present a 5% increase. Transportation costs are 20% higher, with an index of 120, and healthcare expenses are 30% above the national average at 130. Miscellaneous costs, which cover various other expenses, are also 10% higher, with an index of 110. These metrics illustrate that while North Bethesda offers a high standard of living, job seekers should consider these costs when planning their relocation or budget.