Cost of Living: Milford Mill, 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 Milford Mill, MD versus $4,224/mo in Silver Spring, MD. In the model, rent is about 22.97% of gross in Milford Mill, MD versus 27.67% in Silver Spring, MD, so Milford Mill, MD tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Milford Mill, MD and Silver Spring, MD.
At a glance
- Cheaper overall (lower cost-of-living index): Silver Spring, MD
- Lower rent (median 1BR/2BR): Milford Mill, MD
- Lower home prices: Milford Mill, MD
- Higher median household income: Silver Spring, MD
Cost of Living Index
Milford Mill, 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
Milford Mill, MD: $1,498/mo (midpoint of 1BR/2BR) · Silver Spring, MD: $1,804/mo
Median rent in Silver Spring, MD is $306/mo higher than in Milford Mill, MD.
Median Home Price
Milford Mill, MD: $269,900 · Silver Spring, MD: $619,400
Median home price in Silver Spring, MD is $349,500 higher than in Milford Mill, MD.
Median Household Income
Milford Mill, MD: $76,676 · Silver Spring, MD: $98,880
Silver Spring, MD has a higher median household income than Milford Mill, MD by $22,204.
Milford Mill, MD overview · Silver Spring, MD overview · Popular comparisons