Cost of Living Calculator - Silver Spring, Maryland vs New Milford, New Jersey


The cost of living in New Milford, New Jersey is 1.8% more expensive than Silver Spring, Maryland.

You would need a salary of $50,879 in New Milford, New Jersey to maintain the standard of living you have in Silver Spring, Maryland.
Comparison highlights
• Overall, New Milford, New Jersey is more expensive than Silver Spring, Maryland
• Taxes is the biggest factor in the cost of living difference.
Taxes
42% more expensive in New Milford
than in Silver Spring, Maryland
Silver Spring, MD vs New Milford, NJ
Compared to Silver Spring, New Milford is:
  Homeowner
      No Child Care, Taxes not Considered
  1.8% higher
      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
  5.7% lower
  Housing (Homeowner)
  1.8% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  4.0% higher
  Commute
  1.3% higher
  Health
  12.8% higher
  Taxes
  Childcare
  Personal
  17.0% higher

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