Cost of Living: Olney, MD vs Frederick, MD
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,224/mo in Olney, MD versus $4,224/mo in Frederick, MD. In the model, rent is about 35.11% of gross in Olney, MD versus 24.6% in Frederick, MD, so Frederick, MD tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Olney, MD and Frederick, MD.
At a glance
- Cheaper overall (lower cost-of-living index): Frederick, MD
- Lower rent (median 1BR/2BR): Frederick, MD
- Lower home prices: Frederick, MD
- Higher median household income: Olney, MD
Cost of Living Index
Olney, MD: 100 (U.S. = 100) · Frederick, MD: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Olney, MD: $2,289/mo (midpoint of 1BR/2BR) · Frederick, MD: $1,604/mo
Median rent in Olney, MD is $685/mo higher than in Frederick, MD.
Median Home Price
Olney, MD: $632,400 · Frederick, MD: $365,200
Median home price in Olney, MD is $267,200 higher than in Frederick, MD.
Median Household Income
Olney, MD: $171,766 · Frederick, MD: $95,150
Olney, MD has a higher median household income than Frederick, MD by $76,616.
Olney, MD overview · Frederick, MD overview · Popular comparisons