Hoboken, New Jersey vs. Silver Spring, Maryland

Cost of Living Comparison

The cost of living in Silver Spring, Maryland is 18.7% cheaper than Hoboken, New Jersey.

You would need a salary of $40,672 in Silver Spring, Maryland to maintain the standard of living you have in Hoboken, New Jersey.
Comparison highlights
• Overall, Silver Spring, Maryland is cheaper than Hoboken, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
29% cheaper in Silver Spring
than in Hoboken, New Jersey
Hoboken, NJ vs. Silver Spring, MD
Compared to Hoboken, Silver Spring is:
  Homeowner
      No Child Care, Taxes not Considered
  18.7% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  1.4% higher
  Housing (Homeowner)
  41.3% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  1.2% lower
  Commute
  10.6% lower
  Health
  12.9% lower
  Taxes
  Childcare
  Personal
  8.3% lower