What is a pro or con of living in Silver Spring, Marylandcompared to Richmond, Virginia?

Median Home Cost is 65% more expensive in Silver Spring.

What salary do I need to live in Silver Spring, Maryland copmared to Richmond, Virginia?

A salary of $118,000 in Richmond, Virginia should increase to $160,608 in Silver Spring, Maryland (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.

RICHMOND vs. SILVER SPRING
Cost of Living Comparison

Richmond, Virginia vs. Silver Spring, Maryland

Cost of Living Comparison

The cost of living in Silver Spring, Maryland is 36.1% more expensive than Richmond, Virginia.

You would need a salary of $160,608 in Silver Spring, Maryland to maintain the standard of living you have in Richmond, Virginia.

Comparison highlights

• Overall, Silver Spring, Maryland is more expensive than Richmond, Virginia
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
65% more expensive in Silver Spring
than in Richmond, Virginia

Richmond, VA vs. Silver Spring, MD

Compared to Richmond, Silver Spring is:

Homeowner

No Child Care, Taxes not Considered

36.1% 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

15.0% higher

Housing (Homeowner)

89.8% higher

Housing (Rent)

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Median Home Cost

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Utilities

10.6% higher

Commute

68.7% higher

Health

12.5% lower

Taxes

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Childcare

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Personal

6.5% lower

Cost of Food

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Richmond, Virginia vs. Silver Spring, Maryland

Cost of Living Comparison

Comparison highlights

Richmond, VA vs. Silver Spring, MD

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