What is a pro or con of living in Gaithersburg, Marylandcompared to Wake Forest, North Carolina?

Childcare is 51% more expensive in Gaithersburg.

What salary do I need to live in Gaithersburg, Maryland copmared to Wake Forest, North Carolina?

A salary of $50,000 in Wake Forest, North Carolina should increase to $56,324 in Gaithersburg, 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.

WAKE FOREST vs. GAITHERSBURG
Cost of Living Comparison

Wake Forest, North Carolina vs. Gaithersburg, Maryland

Cost of Living Comparison

The cost of living in Gaithersburg, Maryland is 12.6% more expensive than Wake Forest, North Carolina.

You would need a salary of $56,324 in Gaithersburg, Maryland to maintain the standard of living you have in Wake Forest, North Carolina.

Comparison highlights

• Overall, Gaithersburg, Maryland is more expensive than Wake Forest, North Carolina
• Childcare is the biggest factor in the cost of living difference.

Childcare
51% more expensive in Gaithersburg
than in Wake Forest, North Carolina

Wake Forest, NC vs. Gaithersburg, MD

Compared to Wake Forest, Gaithersburg is:

Homeowner

No Child Care, Taxes not Considered

12.6% 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

9.6% higher

Housing (Homeowner)

17.0% higher

Housing (Rent)

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Median Home Cost

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Utilities

2.6% higher

Commute

41.5% higher

Health

8.4% lower

Taxes

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Childcare

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Personal

1.4% higher

Cost of Food

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Wake Forest, North Carolina vs. Gaithersburg, Maryland

Cost of Living Comparison

Comparison highlights

Wake Forest, NC vs. Gaithersburg, MD

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