Cost of Living: Olney, MD vs Phoenix, AZ
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 $4,370/mo in Phoenix, AZ. In the model, rent is about 35.11% of gross in Olney, MD versus 21.24% in Phoenix, AZ, so Phoenix, AZ tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Olney, MD and Phoenix, AZ.
At a glance
- Cheaper overall (lower cost-of-living index): Olney, MD
- Lower rent (median 1BR/2BR): Phoenix, AZ
- Lower home prices: Phoenix, AZ
- Higher median household income: Olney, MD
Cost of Living Index
Olney, MD: 100 (U.S. = 100) · Phoenix, AZ: 102.4 (U.S. = 100)
Olney, MD has a lower cost-of-living index than Phoenix, AZ, so a given salary generally stretches further there.
Median Rent
Olney, MD: $2,289/mo (midpoint of 1BR/2BR) · Phoenix, AZ: $1,385/mo
Median rent in Olney, MD is $904/mo higher than in Phoenix, AZ.
Median Home Price
Olney, MD: $632,400 · Phoenix, AZ: $381,900
Median home price in Olney, MD is $250,500 higher than in Phoenix, AZ.
Median Household Income
Olney, MD: $171,766 · Phoenix, AZ: $77,041
Olney, MD has a higher median household income than Phoenix, AZ by $94,725.
Olney, MD overview · Phoenix, AZ overview · Popular comparisons