Olney, MD, shows a higher cost of living compared to the nationwide average across multiple categories. The housing index stands at 150, indicating a 50% increase from the national average of 100. Grocery prices also rise significantly by 10%, while utilities, transportation, healthcare, and miscellaneous expenses show moderate increases of 20%, 15%, 5%, and 30%, respectively.
These data points reveal that living in Olney, MD, is more expensive than the average U.S. city by 25% when considering all listed categories. Job seekers must account for these higher living costs in their relocation plans.
The cost of living in Olney, MD, is notably higher than the nationwide average. The housing index in Olney stands at 150, which is 50% higher than the national average of 100. This means that housing costs in Olney are significantly more expensive compared to the rest of the country. People looking for homes or renting apartments will need to budget accordingly.
Other areas also show higher costs. Groceries in Olney have a cost of living index of 110, which is 10% above the national average. Similarly, utilities cost 20% more, with an index of 120, while transportation costs are 15% higher, at an index of 115. Healthcare costs are slightly lower, with an index of 105, just 5% above the national average. Miscellaneous expenses also run higher, with an index of 130, indicating a 30% increase. Altogether, Olney's cost of living presents a comprehensive picture of higher expenses across various sectors compared to the national average.
