Cost of Living: Montgomery Village, MD vs Baltimore, MD
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,224/mo in Montgomery Village, MD versus $4,239/mo in Baltimore, MD. In the model, rent is about 27.45% of gross in Montgomery Village, MD versus 18.81% in Baltimore, MD, so Baltimore, MD tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Montgomery Village, MD and Baltimore, MD.
At a glance
- Cheaper overall (lower cost-of-living index): Baltimore, MD
- Lower rent (median 1BR/2BR): Baltimore, MD
- Lower home prices: Baltimore, MD
- Higher median household income: Montgomery Village, MD
Cost of Living Index
Montgomery Village, MD: 100 (U.S. = 100) · Baltimore, MD: 92.4 (U.S. = 100)
Baltimore, MD has a lower cost-of-living index than Montgomery Village, MD, so a given salary generally stretches further there.
Median Rent
Montgomery Village, MD: $1,789/mo (midpoint of 1BR/2BR) · Baltimore, MD: $1,226/mo
Median rent in Montgomery Village, MD is $563/mo higher than in Baltimore, MD.
Median Home Price
Montgomery Village, MD: $367,100 · Baltimore, MD: $219,300
Median home price in Montgomery Village, MD is $147,800 higher than in Baltimore, MD.
Median Household Income
Montgomery Village, MD: $96,487 · Baltimore, MD: $59,623
Montgomery Village, MD has a higher median household income than Baltimore, MD by $36,864.
Montgomery Village, MD overview · Baltimore, MD overview · Popular comparisons