Cost of Living: Montgomery Village, MD vs Columbia, 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 $4,224/mo in Columbia, MD. In the model, rent is about 27.45% of gross in Montgomery Village, MD versus 29.11% in Columbia, MD, so Montgomery Village, MD tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Montgomery Village, MD and Columbia, MD.
At a glance
- Cheaper overall (lower cost-of-living index): Columbia, MD
- Lower rent (median 1BR/2BR): Montgomery Village, MD
- Lower home prices: Montgomery Village, MD
- Higher median household income: Columbia, MD
Cost of Living Index
Montgomery Village, MD: 100 (U.S. = 100) · Columbia, MD: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Montgomery Village, MD: $1,789/mo (midpoint of 1BR/2BR) · Columbia, MD: $1,898/mo
Median rent in Columbia, MD is $109/mo higher than in Montgomery Village, MD.
Median Home Price
Montgomery Village, MD: $367,100 · Columbia, MD: $480,300
Median home price in Columbia, MD is $113,200 higher than in Montgomery Village, MD.
Median Household Income
Montgomery Village, MD: $96,487 · Columbia, MD: $129,173
Columbia, MD has a higher median household income than Montgomery Village, MD by $32,686.
Montgomery Village, MD overview · Columbia, MD overview · Popular comparisons