Cost of Living: Baltimore, MD vs Montgomery Village, MD
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,239/mo in Baltimore, MD versus $4,224/mo in Montgomery Village, MD. In the model, rent is about 18.81% of gross in Baltimore, MD versus 27.45% in Montgomery Village, MD, so Baltimore, MD tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Baltimore, MD and Montgomery Village, MD.
At a glance
- Cheaper overall (lower cost-of-living index): Baltimore, MD
- Lower rent (median 1BR/2BR): Baltimore, MD
- Lower home prices: Baltimore, MD
- Higher median household income: Montgomery Village, MD
Cost of Living Index
Baltimore, MD: 92.4 (U.S. = 100) · Montgomery Village, MD: 100 (U.S. = 100)
Baltimore, MD has a lower cost-of-living index than Montgomery Village, MD, so a given salary generally stretches further there.
Median Rent
Baltimore, MD: $1,226/mo (midpoint of 1BR/2BR) · Montgomery Village, MD: $1,789/mo
Median rent in Montgomery Village, MD is $563/mo higher than in Baltimore, MD.
Median Home Price
Baltimore, MD: $219,300 · Montgomery Village, MD: $367,100
Median home price in Montgomery Village, MD is $147,800 higher than in Baltimore, MD.
Median Household Income
Baltimore, MD: $59,623 · Montgomery Village, MD: $96,487
Montgomery Village, MD has a higher median household income than Baltimore, MD by $36,864.
Baltimore, MD overview · Montgomery Village, MD overview · Popular comparisons