Cost of Living: Annapolis, MD vs Towson, MD
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,224/mo in Annapolis, MD versus $4,224/mo in Towson, MD. In the model, rent is about 27.03% of gross in Annapolis, MD versus 25.99% in Towson, MD, so Towson, MD tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Annapolis, MD and Towson, MD.
At a glance
- Cheaper overall (lower cost-of-living index): Towson, MD
- Lower rent (median 1BR/2BR): Towson, MD
- Lower home prices: Towson, MD
- Higher median household income: Annapolis, MD
Cost of Living Index
Annapolis, MD: 100 (U.S. = 100) · Towson, MD: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Annapolis, MD: $1,763/mo (midpoint of 1BR/2BR) · Towson, MD: $1,695/mo
Median rent in Annapolis, MD is $68/mo higher than in Towson, MD.
Median Home Price
Annapolis, MD: $510,200 · Towson, MD: $445,100
Median home price in Annapolis, MD is $65,100 higher than in Towson, MD.
Median Household Income
Annapolis, MD: $104,257 · Towson, MD: $100,481
Annapolis, MD has a higher median household income than Towson, MD by $3,776.
Annapolis, MD overview · Towson, MD overview · Popular comparisons