What is a pro or con of living in Silver Spring, Marylandcompared to Montgomery Village, Maryland?

Median Home Cost is 60% more expensive in Silver Spring.

What salary do I need to live in Silver Spring, Maryland copmared to Montgomery Village, Maryland?

A salary of $87,000 in Montgomery Village, Maryland should increase to $102,611 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.

MONTGOMERY VILLAGE vs. SILVER SPRING
Cost of Living Comparison

Montgomery Village, Maryland vs. Silver Spring, Maryland

Cost of Living Comparison

The cost of living in Silver Spring, Maryland is 17.9% more expensive than Montgomery Village, Maryland.

You would need a salary of $102,611 in Silver Spring, Maryland to maintain the standard of living you have in Montgomery Village, Maryland.

Comparison highlights

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

Median Home Cost
60% more expensive in Silver Spring
than in Montgomery Village, Maryland

Montgomery Village, MD vs. Silver Spring, MD

Compared to Montgomery Village, Silver Spring is:

Homeowner

No Child Care, Taxes not Considered

17.9% 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

5.0% higher

Housing (Homeowner)

51.1% higher

Housing (Rent)

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Median Home Cost

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Utilities

16.6% higher

Commute

1.7% lower

Health

0.0% higher

Taxes

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Childcare

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Personal

1.2% lower

Cost of Food

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Montgomery Village, Maryland vs. Silver Spring, Maryland

Cost of Living Comparison

Comparison highlights

Montgomery Village, MD vs. Silver Spring, MD

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