Cost of Living: Germantown, MD vs Milford Mill, MD

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,224/mo in Germantown, MD versus $4,224/mo in Milford Mill, MD. In the model, rent is about 28.82% of gross in Germantown, MD versus 22.97% in Milford Mill, MD, so Milford Mill, MD tends to feel more affordable for rent.

Take-home in Germantown, MD

$4,224/mo

Income level: below

Take-home in Milford Mill, MD

$4,224/mo

Income level: near

Rent share (1BR) in Germantown, MD

28.82%

COLI tier: mid-range

Rent share (1BR) in Milford Mill, MD

22.97%

COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Germantown, MD and Milford Mill, MD.

At a glance

Cheaper overall (lower cost-of-living index): Milford Mill, MD
Lower rent (median 1BR/2BR): Milford Mill, MD
Lower home prices: Milford Mill, MD
Higher median household income: Germantown, MD

Cost of Living Index

Germantown, MD: 100 (U.S. = 100) · Milford Mill, MD: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Germantown, MD: $1,879/mo (midpoint of 1BR/2BR) · Milford Mill, MD: $1,498/mo

Median rent in Germantown, MD is $381/mo higher than in Milford Mill, MD.

Median Home Price

Germantown, MD: $401,400 · Milford Mill, MD: $269,900

Median home price in Germantown, MD is $131,500 higher than in Milford Mill, MD.

Median Household Income

Germantown, MD: $112,149 · Milford Mill, MD: $76,676

Germantown, MD has a higher median household income than Milford Mill, MD by $35,473.

Germantown, MD overview · Milford Mill, MD overview · Popular comparisons