Cost of Living: Frederick, MD vs New York, NY
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,224/mo in Frederick, MD versus $4,116/mo in New York, NY. In the model, rent is about 24.6% of gross in Frederick, MD versus 25.92% in New York, NY, so Frederick, MD tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Frederick, MD and New York, NY.
At a glance
- Cheaper overall (lower cost-of-living index): Frederick, MD
- Lower rent (median 1BR/2BR): Frederick, MD
- Lower home prices: Frederick, MD
- Higher median household income: Frederick, MD
Cost of Living Index
Frederick, MD: 100 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)
Frederick, MD has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.
Median Rent
Frederick, MD: $1,604/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo
Median rent in New York, NY is $86/mo higher than in Frederick, MD.
Median Home Price
Frederick, MD: $365,200 · New York, NY: $751,700
Median home price in New York, NY is $386,500 higher than in Frederick, MD.
Median Household Income
Frederick, MD: $95,150 · New York, NY: $79,713
Frederick, MD has a higher median household income than New York, NY by $15,437.
Frederick, MD overview · New York, NY overview · Popular comparisons