Cost of Living: Randallstown, 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 Randallstown, MD versus $4,224/mo in Silver Spring, MD. In the model, rent is about 22.39% of gross in Randallstown, MD versus 27.67% in Silver Spring, MD, so Randallstown, MD tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Randallstown, MD and Silver Spring, MD.
At a glance
- Cheaper overall (lower cost-of-living index): Silver Spring, MD
- Lower rent (median 1BR/2BR): Randallstown, MD
- Lower home prices: Randallstown, MD
- Higher median household income: Silver Spring, MD
Cost of Living Index
Randallstown, 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
Randallstown, MD: $1,460/mo (midpoint of 1BR/2BR) · Silver Spring, MD: $1,804/mo
Median rent in Silver Spring, MD is $344/mo higher than in Randallstown, MD.
Median Home Price
Randallstown, MD: $306,000 · Silver Spring, MD: $619,400
Median home price in Silver Spring, MD is $313,400 higher than in Randallstown, MD.
Median Household Income
Randallstown, MD: $88,544 · Silver Spring, MD: $98,880
Silver Spring, MD has a higher median household income than Randallstown, MD by $10,336.
Randallstown, MD overview · Silver Spring, MD overview · Popular comparisons