Cost of Living: Ellicott City, 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 Ellicott City, MD versus $4,224/mo in Silver Spring, MD. In the model, rent is about 29.16% of gross in Ellicott City, MD versus 27.67% in Silver Spring, MD, so Silver Spring, MD tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Ellicott City, MD and Silver Spring, MD.
At a glance
- Cheaper overall (lower cost-of-living index): Silver Spring, MD
- Lower rent (median 1BR/2BR): Silver Spring, MD
- Lower home prices: Silver Spring, MD
- Higher median household income: Ellicott City, MD
Cost of Living Index
Ellicott City, 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
Ellicott City, MD: $1,901/mo (midpoint of 1BR/2BR) · Silver Spring, MD: $1,804/mo
Median rent in Ellicott City, MD is $97/mo higher than in Silver Spring, MD.
Median Home Price
Ellicott City, MD: $644,300 · Silver Spring, MD: $619,400
Median home price in Ellicott City, MD is $24,900 higher than in Silver Spring, MD.
Median Household Income
Ellicott City, MD: $157,891 · Silver Spring, MD: $98,880
Ellicott City, MD has a higher median household income than Silver Spring, MD by $59,011.
Ellicott City, MD overview · Silver Spring, MD overview · Popular comparisons