What is a pro or con of living in New York, New Yorkcompared to Gaithersburg, Maryland?

Median Home Cost is 43% more expensive in New York.

What salary do I need to live in New York, New York copmared to Gaithersburg, Maryland?

A salary of $70,000 in Gaithersburg, Maryland should increase to $95,331 in New York, New York (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

GAITHERSBURG vs. NEW YORK
Cost of Living Comparison

Gaithersburg, Maryland vs. New York, New York

Cost of Living Comparison

The cost of living in New York, New York is 36.2% more expensive than Gaithersburg, Maryland.

You would need a salary of $95,331 in New York, New York to maintain the standard of living you have in Gaithersburg, Maryland.

Comparison highlights

• Overall, New York, New York is more expensive than Gaithersburg, Maryland
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
43% more expensive in New York
than in Gaithersburg, Maryland

Gaithersburg, MD vs. New York, NY

Compared to Gaithersburg, New York is:

Homeowner

No Child Care, Taxes not Considered

36.2% higher

Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Renter

No Child Care, Taxes not Considered

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Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Food

4.6% higher

Housing (Homeowner)

85.6% higher

Housing (Rent)

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Median Home Cost

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Utilities

41.6% higher

Commute

33.1% higher

Health

47.0% higher

Taxes

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Childcare

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Personal

21.8% higher

Cost of Food

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Gaithersburg, Maryland vs. New York, New York

Cost of Living Comparison

Comparison highlights

Gaithersburg, MD vs. New York, NY

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