Cost of Living: Frederick, 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 Frederick, MD versus $4,224/mo in Silver Spring, MD. In the model, rent is about 24.6% of gross in Frederick, MD versus 27.67% in Silver Spring, 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 Silver Spring, MD.
At a glance
- Cheaper overall (lower cost-of-living index): Silver Spring, MD
- Lower rent (median 1BR/2BR): Frederick, MD
- Lower home prices: Frederick, MD
- Higher median household income: Silver Spring, MD
Cost of Living Index
Frederick, 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
Frederick, MD: $1,604/mo (midpoint of 1BR/2BR) · Silver Spring, MD: $1,804/mo
Median rent in Silver Spring, MD is $200/mo higher than in Frederick, MD.
Median Home Price
Frederick, MD: $365,200 · Silver Spring, MD: $619,400
Median home price in Silver Spring, MD is $254,200 higher than in Frederick, MD.
Median Household Income
Frederick, MD: $95,150 · Silver Spring, MD: $98,880
Silver Spring, MD has a higher median household income than Frederick, MD by $3,730.
Frederick, MD overview · Silver Spring, MD overview · Popular comparisons