Summit, New Jersey vs. Gaithersburg, Maryland

Cost of Living Comparison

The cost of living in Gaithersburg, Maryland is 33.9% cheaper than Summit, New Jersey.

You would need a salary of $33,066 in Gaithersburg, Maryland to maintain the standard of living you have in Summit, New Jersey.
Comparison highlights
• Overall, Gaithersburg, Maryland is cheaper than Summit, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
55% cheaper in Gaithersburg
than in Summit, New Jersey
Summit, NJ vs. Gaithersburg, MD
Compared to Summit, Gaithersburg is:
  Homeowner
      No Child Care, Taxes not Considered
  33.9% 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
  1.2% lower
  Housing (Homeowner)
  59.4% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  0.4% lower
  Commute
  4.6% lower
  Health
  11.0% lower
  Taxes
  Childcare
  Personal
  7.9% lower