Annapolis, MD vs Silver Spring, MD

Annapolis is moderately more affordable than Silver Spring, with a 8.5% lower cost of living index. Annapolis scores 134 compared to 147 for Silver Spring, where the US average is 100. This difference means residents of Silver Spring can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Annapolis is $1,855/month compared to $1,899/month in Silver Spring — a 2% difference. Home values follow the same pattern: Annapolis is more affordable at $510,200 median vs $619,400.

Median household income in Annapolis is $104,257 compared to $98,880 in Silver Spring (+5.4%). Annapolis offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Annapolis spend roughly 21.4% of their income on rent, less than the 23% in Silver Spring.

Climate-wise, both cities share similar average temperatures (57.7°F vs 59.3°F). Annapolis receives more rainfall at 44" per year compared to 41.8" in Silver Spring.