Reisterstown, MD, shows a higher cost of living compared to the nationwide average. Housing costs 20% more, while groceries are 5% higher. Utilities are slightly below average at 2%, transportation costs 10% more, healthcare is 5% cheaper, and miscellaneous expenses match the national average.
Overall, Reisterstown's cost of living index stands at 103, which is 3% above the national average. This indicates that residents may need to budget slightly more for certain expenses.
The cost of living in Reisterstown, MD, shows some notable differences compared to the nationwide average. Housing costs in Reisterstown are 20% higher than the national average, with an index of 120. This means that housing expenses, such as rent or mortgage payments, are significantly more expensive for residents in Reisterstown. Groceries, another key expense, are 5% higher, with an index of 105. This indicates that food costs are slightly above the national average, which could impact monthly budgets.
Utilities in Reisterstown are slightly below the average, with an index of 98, meaning they are 2% cheaper. Transportation costs, however, are 10% higher, with an index of 110. This suggests that commuting and vehicle-related expenses are more costly for residents. Healthcare costs are 5% lower than the national average, with an index of 95, offering some relief in this category. Miscellaneous expenses match the national average at 100, indicating no significant difference in other spending areas. Overall, Reisterstown presents a mixed picture of cost of living, with some areas being higher and others lower than the national average.
