Cost of Living: Edgewood, MD vs Silver Spring, MD
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,224/mo in Edgewood, MD versus $4,224/mo in Silver Spring, MD. In the model, rent is about 20.91% of gross in Edgewood, MD versus 27.67% in Silver Spring, MD, so Edgewood, MD tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Edgewood, MD and Silver Spring, MD.
At a glance
- Cheaper overall (lower cost-of-living index): Silver Spring, MD
- Lower rent (median 1BR/2BR): Edgewood, MD
- Lower home prices: Edgewood, MD
- Higher median household income: Silver Spring, MD
Cost of Living Index
Edgewood, MD: 100 (U.S. = 100) · Silver Spring, MD: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Edgewood, MD: $1,364/mo (midpoint of 1BR/2BR) · Silver Spring, MD: $1,804/mo
Median rent in Silver Spring, MD is $440/mo higher than in Edgewood, MD.
Median Home Price
Edgewood, MD: $234,700 · Silver Spring, MD: $619,400
Median home price in Silver Spring, MD is $384,700 higher than in Edgewood, MD.
Median Household Income
Edgewood, MD: $86,355 · Silver Spring, MD: $98,880
Silver Spring, MD has a higher median household income than Edgewood, MD by $12,525.
Edgewood, MD overview · Silver Spring, MD overview · Popular comparisons