Cost of Living: Frederick, MD vs Owings Mills, MD
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 $4,224/mo in Owings Mills, MD. In the model, rent is about 24.6% of gross in Frederick, MD versus 26.45% in Owings Mills, MD, so Frederick, MD tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Frederick, MD and Owings Mills, MD.
At a glance
- Cheaper overall (lower cost-of-living index): Owings Mills, MD
- Lower rent (median 1BR/2BR): Frederick, MD
- Lower home prices: Owings Mills, MD
- Higher median household income: Frederick, MD
Cost of Living Index
Frederick, MD: 100 (U.S. = 100) · Owings Mills, MD: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Frederick, MD: $1,604/mo (midpoint of 1BR/2BR) · Owings Mills, MD: $1,725/mo
Median rent in Owings Mills, MD is $121/mo higher than in Frederick, MD.
Median Home Price
Frederick, MD: $365,200 · Owings Mills, MD: $335,000
Median home price in Frederick, MD is $30,200 higher than in Owings Mills, MD.
Median Household Income
Frederick, MD: $95,150 · Owings Mills, MD: $94,046
Frederick, MD has a higher median household income than Owings Mills, MD by $1,104.
Frederick, MD overview · Owings Mills, MD overview · Popular comparisons