Cost of Living: Columbia, MD vs Montgomery Village, MD
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,224/mo in Columbia, MD versus $4,224/mo in Montgomery Village, MD. In the model, rent is about 29.11% of gross in Columbia, MD versus 27.45% in Montgomery Village, MD, so Montgomery Village, MD tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Columbia, MD and Montgomery Village, MD.
At a glance
- Cheaper overall (lower cost-of-living index): Montgomery Village, MD
- Lower rent (median 1BR/2BR): Montgomery Village, MD
- Lower home prices: Montgomery Village, MD
- Higher median household income: Columbia, MD
Cost of Living Index
Columbia, MD: 100 (U.S. = 100) · Montgomery Village, MD: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Columbia, MD: $1,898/mo (midpoint of 1BR/2BR) · Montgomery Village, MD: $1,789/mo
Median rent in Columbia, MD is $109/mo higher than in Montgomery Village, MD.
Median Home Price
Columbia, MD: $480,300 · Montgomery Village, MD: $367,100
Median home price in Columbia, MD is $113,200 higher than in Montgomery Village, MD.
Median Household Income
Columbia, MD: $129,173 · Montgomery Village, MD: $96,487
Columbia, MD has a higher median household income than Montgomery Village, MD by $32,686.
Columbia, MD overview · Montgomery Village, MD overview · Popular comparisons