Cambridge, MD vs Olney, MD

The cost of living difference between Cambridge, MD and Olney, MD is dramatic. Cambridge is 46.9% cheaper than Olney, a gap that translates to thousands of dollars per year in household expenses. Cambridge has a cost index of 87 while Olney sits at 163, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Cambridge is $971/month compared to $2,409/month in Olney — a 60% difference. Home values follow the same pattern: Cambridge is more affordable at $254,400 median vs $632,400.

Median household income in Cambridge is $46,261 compared to $171,766 in Olney (-73.1%). While Olney is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cambridge spend roughly 25.2% of their income on rent, more than the 16.8% in Olney.

Climate-wise, both cities share similar average temperatures (58.3°F vs 59.3°F). Cambridge receives more rainfall at 45.3" per year compared to 41.8" in Olney.