Severn, MD, exhibits a cost of living index that generally mirrors the nationwide average but with some notable variations across categories. Housing costs in Severn are 7% higher than the national average, while groceries and miscellaneous expenses are 2% and 3% higher, respectively. On the other hand, Severn residents benefit from slightly lower costs in utilities (2% lower) and healthcare (5% lower) compared to the national average. These differences make Severn both an attractive and challenging place to live depending on one's specific needs and budget.
Severn, MD, shows a cost of living that is slightly above the nationwide average in several key areas. For housing, Severn's index stands at 107, meaning it costs 7% more than the national average. When it comes to groceries, Severn also sees higher prices, with an index of 102, which is 2% more than the average. Transportation costs in Severn are notably higher, with an index of 110, indicating a 10% increase compared to the nationwide average.
Utilities in Severn are only slightly lower than the national average, with an index of 98, showing a 2% decrease. Healthcare costs are also lower, at 95, which is 5% less than the average. Miscellaneous costs in Severn come in at 103, which is 3% higher than the national average. Overall, Severn, MD, presents a mixed picture of cost of living, with some areas higher and others lower than the national average.
